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757 County Road 308 1.35 Acres of Commercial Land Offered at $1,301,558 CAD in Dumont, CO 80436
INVESTMENT HIGHLIGHTS
- NOI: $89,919 (Including 8% Property Management Fee)
- Proforma Cap Rate of 11.85%
- Located in Dumont On High Traffic I-70 Frontage Road Between Denver and Ski Resorts
- Current Cap Rate of 9.52%
- 50,000+ VPD
- Redevelopment Opportunity
EXECUTIVE SUMMARY
Hoff & Leigh brings you a highly profitable mobile home park and covered land play with I-70 frontage and over 50,000 cars per day! The property is fully leased with annual lease agreements and rent increases; the property currently generates $119,466 in annual gross income with potential for increased growth. Recent renovations including a new roof on the cabin have the property primed and ready for a hands-off investor to collect checks. The property has 6 units, all units will be owned by the Park Owner. As a covered land play, zoning allows for a variety of uses including restaurant, retail, office, and industrial. A short 40 min drive to downtown Denver and to the major ski resorts makes it ideal for ski town workers or even as short-term rentals. Call us today to take advantage of this rare opportunity!
The current owner purchased the property in 2020. The property was in shambles with no income in place and needed a significant amount of work. Owner did a significant amount of value add; new roof on cabin, grading, leased up the units, updated mechanicals in the mobile homes, purchased the 2 remaining tenant-owned trailers, etc.
Key Details:
For Sale $945,000
Current Gross Income: $119,466
Current NOI: $89,919 (including 8% mgmt fee)
Current CAP Rate: 9.52% (proforma 11.85% CAP)
6 units total: 5 mobile homes and 1 cabin (All Park-Owned, new roof on cabin in 2023)
5,422sf
1.359 acre lot situated in Dumont between Denver and Ski resorts
Well Water, City Sewer and Xcel Electric/Gas
100% occupancy, No vacancies
The current owner purchased the property in 2020. The property was in shambles with no income in place and needed a significant amount of work. Owner did a significant amount of value add; new roof on cabin, grading, leased up the units, updated mechanicals in the mobile homes, purchased the 2 remaining tenant-owned trailers, etc.
Key Details:
For Sale $945,000
Current Gross Income: $119,466
Current NOI: $89,919 (including 8% mgmt fee)
Current CAP Rate: 9.52% (proforma 11.85% CAP)
6 units total: 5 mobile homes and 1 cabin (All Park-Owned, new roof on cabin in 2023)
5,422sf
1.359 acre lot situated in Dumont between Denver and Ski resorts
Well Water, City Sewer and Xcel Electric/Gas
100% occupancy, No vacancies
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$152,055
|
$112,633.35
|
| Other Income |
$12,487
|
$9,249.40
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$164,542
|
$121,882.76
|
| Taxes |
$3,745
|
$2,774.00
|
| Operating Expenses |
$36,950
|
$27,370.72
|
| Total Expenses |
$40,695
|
$30,144.73
|
| Net Operating Income |
$123,846
|
$91,738.03
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $152,055 |
| Annual Per AC | $112,633.35 |
| Other Income (CAD) | |
|---|---|
| Annual | $12,487 |
| Annual Per AC | $9,249.40 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $164,542 |
| Annual Per AC | $121,882.76 |
| Taxes (CAD) | |
|---|---|
| Annual | $3,745 |
| Annual Per AC | $2,774.00 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $36,950 |
| Annual Per AC | $27,370.72 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $40,695 |
| Annual Per AC | $30,144.73 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $123,846 |
| Annual Per AC | $91,738.03 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,301,558 CAD | Lot Size | 1.35 AC |
| Price Per AC | $964,117.03 CAD |
| Price | $1,301,558 CAD |
| Price Per AC | $964,117.03 CAD |
| Lot Size | 1.35 AC |
DESCRIPTION
Key Details: For Sale $945,000 Current Gross Income: $119,466 Current NOI: $89,919 (including 8% mgmt fee) Current CAP Rate: 9.52% (proforma 11.85% CAP) 6 units total: 5 mobile homes and 1 cabin (All Park-Owned, new roof on cabin in 2023) 5,422sf 1.359 acre lot situated in Dumont between Denver and Ski resorts Well Water, City Sewer and Xcel Electric/Gas 100% occupancy, No vacancies
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757 County Road 308
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