$625,000
$647,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/06/2021
Key Details
Sold Price $625,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Mountain View Mobile Home Park
MLS Listing ID 943681
Sold Date 08/06/21
Style Ranch
HOA Y/N false
Originating Board IRES MLS
Year Built 1979
Annual Tax Amount $2,634
Property Description
Entire mobile/ manufactured home rental portfolio for sale. Homes only for sale, as they're all in a leased land lot community. All located in Mountain View mobile home community. 47 Total units of varying ages, sizes and building materials. Most units are 2 bedroom 1 bath, around 800 square feet. All units have gas forced air furnaces and evaporative coolers (except 1 unit has AC). Average rent per unit is $1150/ mo. Community is all-ages, dog friendly and fencing is allowed. Plenty of value-ads and opportunity to keep up with market rents. Many units have sheds, which are also included. Another option may be to fix and flip the homes over time. Buy them now for less than $14K each and resell for $25-40K each on the market later (depending on how much work was done to each unit). Possibilities abound with this unique investment opportunity!
Location
State CO
County Larimer
Area Loveland/Berthoud
Zoning MH
Direction From Highway 34, go south on Butte Rd and into community.
Rooms
Other Rooms Storage
Basement None
Interior
Interior Features Satellite Avail
Heating Forced Air
Cooling Evaporative Cooling, Ceiling Fan(s)
Appliance Some Appliances
Exterior
Utilities Available Natural Gas Available, Electricity Available
Waterfront false
Roof Type Metal,Fiberglass,Other
Street Surface Asphalt
Building
Story 1
Sewer City Sewer
Water City Water, Community/ COL
Level or Stories One
Structure Type Metal Siding,Composition Siding
New Construction false
Schools
Elementary Schools Namaqua
Middle Schools Clark (Walt)
High Schools Thompson Valley
School District Thompson R2-J
Others
HOA Fee Include Management
Senior Community false
Tax ID M9034579
SqFt Source Assessor
Special Listing Condition Private Owner
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Bought with Noble Venture
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