New Listing
Description
Unique opportunity to own a 33 space Mobile Home Park in Durango Colorado just outside the City limits bordering Junction Creek. First time offered for sale in many years. It is serviced by City sewer and has a private on site commercial water well system. 9.25 creek front acres with some level excess creek front land currently not developed. Portion of property is in the mapped flood plain area. Tiny homes are now very popular and this might be an ideal location for adding some of those types of structures. Current space rents are under market for the Durango area offering upside potential to increase the NOI. Very rare to find a Mobile Home Park close to Downtown Durango with City sewer. Good demand for the spaces with a steady income stream from many long time residents. Perfect for the Investor looking for an opportunity for upside and great CAP Rate potential. Call today for details and your private tour. Don't miss this rare investment opportunity.
Details
| MLS# | 754230 |
|---|---|
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 1 |
Features
| Story(s) | 0 |
|---|---|
| Units | 33 |
| Zoning | mobile home park |
Market Activity 81301
| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
|---|---|---|---|---|---|
| Date: Dec 2018 | Sales: 2 | Avg $ Per SqFt: $324.27 | Min Sale Price: $365,000 | Max Sale Price: $398,000 | Med Sale Price: $381,500 |
| Date: Nov 2018 | Sales: 3 | Avg $ Per SqFt: $330.91 | Min Sale Price: $166,700 | Max Sale Price: $522,000 | Med Sale Price: $471,450 |
| Date: Oct 2018 | Sales: 14 | Avg $ Per SqFt: $389.49 | Min Sale Price: $48,000 | Max Sale Price: $1,400,000 | Med Sale Price: $320,750 |
| Date: Sep 2018 | Sales: 5 | Avg $ Per SqFt: $226.61 | Min Sale Price: $299,000 | Max Sale Price: $432,000 | Med Sale Price: $326,458 |
| Date: Aug 2018 | Sales: 14 | Avg $ Per SqFt: $255.65 | Min Sale Price: $108,000 | Max Sale Price: $1,050,000 | Med Sale Price: $352,000 |
| Date: Jul 2018 | Sales: 16 | Avg $ Per SqFt: $262.88 | Min Sale Price: $135,000 | Max Sale Price: $2,800,000 | Med Sale Price: $482,000 |
| Date: Jun 2018 | Sales: 18 | Avg $ Per SqFt: $259.84 | Min Sale Price: $119,000 | Max Sale Price: $810,000 | Med Sale Price: $445,250 |
| Date: May 2018 | Sales: 21 | Avg $ Per SqFt: $276.52 | Min Sale Price: $46,000 | Max Sale Price: $1,850,000 | Med Sale Price: $487,500 |
| Date: Apr 2018 | Sales: 14 | Avg $ Per SqFt: $245.63 | Min Sale Price: $31,000 | Max Sale Price: $945,000 | Med Sale Price: $442,750 |
| Date: Mar 2018 | Sales: 12 | Avg $ Per SqFt: $269.05 | Min Sale Price: $129,000 | Max Sale Price: $2,850,000 | Med Sale Price: $472,450 |
| Date: Feb 2018 | Sales: 5 | Avg $ Per SqFt: $259.55 | Min Sale Price: $96,000 | Max Sale Price: $950,000 | Med Sale Price: $600,000 |
| Dec 2018 | |
|---|---|
| Sales: | 2 |
| Avg $ Per SqFt: | $324.27 |
| Min Sale Price: | $365,000 |
| Max Sale Price: | $398,000 |
| Med Sale Price: | $381,500 |
| Nov 2018 | |
| Sales: | 3 |
| Avg $ Per SqFt: | $330.91 |
| Min Sale Price: | $166,700 |
| Max Sale Price: | $522,000 |
| Med Sale Price: | $471,450 |
| Oct 2018 | |
| Sales: | 14 |
| Avg $ Per SqFt: | $389.49 |
| Min Sale Price: | $48,000 |
| Max Sale Price: | $1,400,000 |
| Med Sale Price: | $320,750 |
| Sep 2018 | |
| Sales: | 5 |
| Avg $ Per SqFt: | $226.61 |
| Min Sale Price: | $299,000 |
| Max Sale Price: | $432,000 |
| Med Sale Price: | $326,458 |
| Aug 2018 | |
| Sales: | 14 |
| Avg $ Per SqFt: | $255.65 |
| Min Sale Price: | $108,000 |
| Max Sale Price: | $1,050,000 |
| Med Sale Price: | $352,000 |
| Jul 2018 | |
| Sales: | 16 |
| Avg $ Per SqFt: | $262.88 |
| Min Sale Price: | $135,000 |
| Max Sale Price: | $2,800,000 |
| Med Sale Price: | $482,000 |
| Jun 2018 | |
| Sales: | 18 |
| Avg $ Per SqFt: | $259.84 |
| Min Sale Price: | $119,000 |
| Max Sale Price: | $810,000 |
| Med Sale Price: | $445,250 |
| May 2018 | |
| Sales: | 21 |
| Avg $ Per SqFt: | $276.52 |
| Min Sale Price: | $46,000 |
| Max Sale Price: | $1,850,000 |
| Med Sale Price: | $487,500 |
| Apr 2018 | |
| Sales: | 14 |
| Avg $ Per SqFt: | $245.63 |
| Min Sale Price: | $31,000 |
| Max Sale Price: | $945,000 |
| Med Sale Price: | $442,750 |
| Mar 2018 | |
| Sales: | 12 |
| Avg $ Per SqFt: | $269.05 |
| Min Sale Price: | $129,000 |
| Max Sale Price: | $2,850,000 |
| Med Sale Price: | $472,450 |
| Feb 2018 | |
| Sales: | 5 |
| Avg $ Per SqFt: | $259.55 |
| Min Sale Price: | $96,000 |
| Max Sale Price: | $950,000 |
| Med Sale Price: | $600,000 |
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Area Information | |
|---|---|
| State | CO |
| City | Durango |
| Zip Code | 81301 |
| Area | Durango Rural |
| Listing VS Median (in 81301) | |
Price: $1,750,000 low | high Med: $339,500 100% of Average On Site: 1 low | high Med: 92 2% of Average | |
MLS Number: 754230Listing Provided By:
Bill Schultz of Coldwell Banker Heritage House
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