535 Cr 204
Durango, CO 81301

$1,750,000

Description

Unique opportunity to own a 33 space Mobile Home Park in Durango Colorado just outside the City limits bordering Junction Creek. First time offered for sale in many years. It is serviced by City sewer and has a private on site commercial water well system. 9.25 creek front acres with some excess creek front land currently not developed. Portion of property is in the mapped flood plain area. Tiny homes are now very popular and this might be an ideal location for adding some of those types of structures. Current space rents are under market for the Durango area offering upside potential. Very rare to find a Mobile Home Park close to Downtown Durango with City sewer. Perfect for the Investor looking for an opportunity for upside and great CAP Rate potential. Call today for details and your private tour. Don't miss this investment opportunity.

Details

MLS#754230
StyleIndustrial
Sub-TypeResale
StatusPending - Show
Days On Site126

Features

Story(s)0
Units33
Zoningmobile home park

Market Activity 81301

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Area Information

StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango Rural
Listing VS Median (in 81301)
Price:
$1,750,000
low | high
Med:
$402,450
100% of Average
On Site:
126
low | high
Med:
395
31.898734177215% of Average
Listing Updated: 06/25/2019
MLS Number: 754230
Listing Provided By:
Bill Schultz  of  Coldwell Banker Heritage House



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