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910 Memorial Dr 20 Unit Mobile Home Park $1,674,744 CAD ($83,737 CAD/Unit) Cortez, CO 81321
Executive Summary
Discover a rare opportunity to own a well-positioned mobile home park in the heart of Cortez, Colorado. Surrounded by the stunning landscapes of Southwest Colorado and located near Mesa Verde National Park, this property offers investors a steady income opportunity in a community with ongoing demand for affordable housing.
The park features established infrastructure, convenient access, and a desirable location close to shopping, dining, schools, medical services, and outdoor recreation. Residents enjoy the small-town atmosphere of Cortez while being minutes from hiking, biking, fishing, and the world-famous attractions of the Four Corners region.
With existing rental income and potential opportunities for growth, this mobile home community is ideal for an investor looking to expand their portfolio or enter the manufactured housing market. The combination of location, housing demand, and Southwest Colorado’s natural appeal makes this property a standout opportunity.
The tenants have individual metered water and natural gas. The MHP pays for the sewer, water and trash. This cost is passed along as part of the monthly rental fee.
Trailer #3 is 8' x 40' and is owned by the tenant. The MHP has 17 mobile homes in their inventory that would go with the sale. Currently 15 are rented and the other 2 are being updated. Several of the currently rented trailers have been updated within the last 18 months.
Cap rate doesn't include the rents for any RV spots. Trailer #3, RV spot #5 and RV spot #15, pay $350 per month. RV spots A-G pay $325 per month.
The park features established infrastructure, convenient access, and a desirable location close to shopping, dining, schools, medical services, and outdoor recreation. Residents enjoy the small-town atmosphere of Cortez while being minutes from hiking, biking, fishing, and the world-famous attractions of the Four Corners region.
With existing rental income and potential opportunities for growth, this mobile home community is ideal for an investor looking to expand their portfolio or enter the manufactured housing market. The combination of location, housing demand, and Southwest Colorado’s natural appeal makes this property a standout opportunity.
The tenants have individual metered water and natural gas. The MHP pays for the sewer, water and trash. This cost is passed along as part of the monthly rental fee.
Trailer #3 is 8' x 40' and is owned by the tenant. The MHP has 17 mobile homes in their inventory that would go with the sale. Currently 15 are rented and the other 2 are being updated. Several of the currently rented trailers have been updated within the last 18 months.
Cap rate doesn't include the rents for any RV spots. Trailer #3, RV spot #5 and RV spot #15, pay $350 per month. RV spots A-G pay $325 per month.
Property Facts
| Price | $1,674,744 CAD | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $83,737 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 75,359 SF |
| No. Units | 20 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1974 |
| Zoning | C | ||
| Price | $1,674,744 CAD |
| Price Per Unit | $83,737 CAD |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Building Size | 75,359 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Zoning | C |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R010749 | Improvements Assessment | $24,987 CAD |
| Land Assessment | $13,455 CAD | Total Assessment | $38,442 CAD |
Property Taxes
Parcel Number
R010749
Land Assessment
$13,455 CAD
Improvements Assessment
$24,987 CAD
Total Assessment
$38,442 CAD
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910 Memorial Dr
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