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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 17 mobile home units, one single-family home, one duplex and four storage sheds. The current owners have made multiple improvements over the last year including road resurfacing, two 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 two vacant land areas for future development. Offered at $1,450,000. Cap rate of 8.27%.