875 & 895 Monument ST Active

Calhan,CO 80808

$ 1400000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 8428428

Year Built 1982

Annual Tax Amount $1,507

Tax Year 2022

Lot Size 4.060 Acres

Property Description

Mobile Home Park in the Colorado Springs bedroom community of Calhan, Colorado. Opportunities like this don't often come around. 20 developed “country size” large lots all with city utilities plus 2 undeveloped lots. ($1,400,000) This highly profitable property is a real gem.

**20 developed “country sized” lots ** 2 undeveloped lots ** 5 Rent-To-Own Home Chattel Notes (+$98,186) generates a CAP of 7.9 with a Pro-Forma, fully developed Park CAP of 14.65.

**3 Park Owned Mobile Homes (+$330,000) ** Tremendous Upside Potential.

**Total Package $1,800,000

Contact Agent for Prospectus. This property is being sold in compliance with Colo. Rev. Statute 38-12-217

Location

State CO

County El Paso

Zoning Not Available

Exterior

Utilities Available Cable Available,Electricity Available,Electricity Connected,Propane

Building

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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