465 Colorado Blvd - The Blair Trailer Court 0.42 Acres of Commercial Land Offered at $1,572,832 CAD in Idaho Springs, CO 80452

Introducing the Blair Trailer Court, a turnkey mobile home park investment located at 465 Colorado Boulevard in the heart of Idaho Springs, Colorado. This property offers immediate cash flow with significant upside potential, making it an ideal opportunity for investors seeking stable income and future development possibilities. Property Highlights - Location: 465 Colorado Boulevard, Idaho Springs, CO - Units: 8 fully renovated mobile homes, each leased to long-term tenants - Current Gross Monthly Income: $13,100 - Potential Upside: Opportunity to lease the two RV storage space and two storage sheds for additional revenue Investment Opportunity With a total of 9 water and sewer tap sets included (valued at approximately $170,082 based on current city rates of $18,898 per set), this property presents a unique redevelopment opportunity. The existing taps can be credited toward a new multi-unit development, should the buyer choose to pursue redevelopment. Strategic Location Situated in downtown Idaho Springs, the Blair Trailer Court is within walking distance to local shops, restaurants, and attractions. The property's proximity to I-70 provides easy access to Denver and the surrounding areas, enhancing its appeal to tenants and future development prospects. Financial Overview - Asking Price: $1,400,000 - Current Gross Annual Income: $157,200 - Additional Income Potential: Leasing remaining storage spaces + additional RV space - Redevelopment Potential: Utilize existing taps for new construction Don't miss this exceptional opportunity to acquire a high-performing asset with both immediate income and long-term development potential in a thriving Colorado community.