For Sale
$2,350,000

18055 Co RdOrdway, CO 81063

High-return mobile home & RV park

Overview

Added:
Dec 11, 2024
Days on market:
115
Exceptional investment opportunity in Ordway, Colorado, this thriving mobile home park and attached RV park sits on over 21 acres. Currently boasting 59 spaces (16 mobile home sites, all fully occupied, and 29 RV sites, mostly occupied), this Class A property offers significant income potential. The 16 mobile homes are owned by the park and feature upgraded amenities including metal roofs, gutters, insulated skirting, central air, and fenced yards with storage sheds. The park also includes a coin-operated laundry facility, utility rooms with new water heaters, and three secure bathrooms, two with walk-in showers (one handicap accessible). An on-site manager's residence with three bedrooms and one bathroom is conveniently located next to the amenities, along with a large pole barn. The property features a 10-acre expansion area, presenting further development opportunities. The property's strong financial performance is reflected in its 10.09% cap rate and $237,108 NOI. Built in 2017 and renovated in 2024, the property is zoned A and includes 29 parking spaces. The asking price is $2,350,000. An owner carry option is available with 20% down at 6.5% interest for 15 years. All information should be independently verified by the buyer.

Highlights

  • Exceptional investment opportunity: 21+ acre mobile home & RV park in Ordway, CO.
  • 59 total spaces (16 occupied mobile home sites, 29 mostly occupied RV sites).
  • 16 owner-owned mobile homes with upgraded amenities (metal roofs, central AC, fenced yards).
  • On-site amenities include laundry, utility rooms, 3 bathrooms (1 handicap accessible), manager's residence, & large pole barn.
  • 10-acre expansion area, 10.09% cap rate, $237,108 NOI, asking price $2,350,000.
  • Owner financing available (20% down, 6.5% interest, 15-year term).

Property Details for 18055 Co Rd

Property type
Mobile home & RV parks
Square Feet
16,000 SF
Class
A
Year Built/Renovated
2017/2024
Stories
1
Lot Size (sq. ft)
940,896 SF
Units
16

Location Insight

City
Ordway
County
Crowley
State
Colorado
Latitude
38.21445591
Longitude
-103.74571057
18055 Co Rd, Ordway, Colorado

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18055 Co Rd
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