For Sale
$4,500,000

10 9Th AveLongmont, CO 80501

28-Unit Mobile Home Park, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 28-unit mobile home park presents a compelling value-add investment opportunity in Longmont, Colorado. Situated on a substantial 100,593 square foot lot at 10 9th Ave, 80501, this property offers immediate cash flow with significant upside potential. The park consists of 28 single-story buildings, each housing a mobile home, providing a total of 28 pads. The asking price is $4,500,000, translating to approximately $160,714 per pad. This represents a strong entry point for investors seeking to capitalize on the growing demand for affordable housing in the Longmont area. The property's size and location within Boulder County offer substantial future development possibilities, allowing for potential expansion or repositioning to further enhance profitability. This is a prime opportunity for an investor looking to increase rental income through improved management and strategic upgrades. The property is categorized as a value-add investment and development opportunity. This mobile home park is an excellent addition to any portfolio seeking strong returns and long-term growth.

Highlights

  • $4,500,000 asking price.
  • 28-unit mobile home park in Longmont, Colorado.
  • Value-add investment opportunity with significant development potential.
  • 100,593 sq ft lot.
  • $160,714 per pad.

Property Details for 10 9Th Ave

Property type
Mobile home & RV parks
Buildings
28
Stories
1
Units
28

Location Insight

City
Longmont
County
Boulder
State
Colorado
Latitude
40.1743735
Longitude
-105.0934611
10 9Th Ave, Longmont, Colorado

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10 9Th Ave
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