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203 8th St 1 Unit Mobile Home Park $350,000 ($350,000/Unit) Gilcrest, CO 80623
Investment Highlights
- Public water & sewer
- Stable in-place cash flow with significant upside potential
Executive Summary
Pinnacle Real Estate Advisors is pleased to present the exclusive listing of 203 8th Street, a clean, stable, and in-demand investment opportunity in Gilcrest, Colorado. The Property consists of a 4-Unit mobile home park with three park-owned homes, and a recently updated one bedroom apartment. All units are serviced by city water and sewer, reducing infrastructure risk and minimizing the maintenance concerns often associated with private utility systems.
Located in the growing Northern Colorado market, the Property benefits from sustained demand for affordable housing and a limited supply of attainable housing options. Stable in-place income and diversified revenue streams position the asset as an attractive investment opportunity. With its manageable size, public utility infrastructure, and location in a supply-constrained market, 203 8th Street offers investors dependable current income.
Located in the growing Northern Colorado market, the Property benefits from sustained demand for affordable housing and a limited supply of attainable housing options. Stable in-place income and diversified revenue streams position the asset as an attractive investment opportunity. With its manageable size, public utility infrastructure, and location in a supply-constrained market, 203 8th Street offers investors dependable current income.
Property Facts
| Price | $350,000 | Building Class | B |
| Price Per Unit | $350,000 | Lot Size | 0.35 AC |
| Sale Type | Investment | Building Size | 650 SF |
| No. Units | 1 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | $350,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | B |
| Lot Size | 0.35 AC |
| Building Size | 650 SF |
| No. Stories | 1 |
| Year Built | 1964 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
1 1
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
30/100
(720) 638-5401
x240
Contacts
-
Van Myers -
Corey Sandberg -
David Barocas -
Morgan Wheeler -
Pinnacle Real Estate Advisors
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203 8th St
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