Trailer Park in Canon City

Property Description

$1,450,000

Fuller Real Estate is pleased to offer, Shady Nook, a 2.4 acre mobile home park in Cannon City, CO. This income-producing property boasts 15 mobile home units, 1 single-family home,1 duplex and 4 storage sheds. The current owners have made multiple improvements over the last year including road resurfacing, 2 mobile home renovations, landscaping and $10k worth of waterline and sewer line upgrades. The property offers on-site property management and multiple value-added opportunities such as vacant spots for new mobile home units, 1 unit that can be fully replaced, and 2 vacant land areas for future development.  Offfered at $1,450,000.  Cap rate of 8.27%.

 

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