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273 E Menefee Street

Mancos, CO 81328
  • $519,000
  • STATUS: Active
  • ON SITE: 95 Days
  • MLS #: 812484
UPDATED: 125 min ago
$519,000
  • 0
    BEDS
  • 0.95
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 6,000
    SQFT
  • $87
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Listing courtesy of Colorado Ranch and Home Realty: 970-759-2540.


Description

The Mancos Trailer Park, located behind P & D Grocery, has 8 units (6 two bedroom units, 1 three bedroom unit, and 1 one bedroom unit) for sale that provide economical housing with many long time residents. These trailers provide immediate rental income and a stable foundation for your investment. Seller pays for trash and renters pay for electric and natural gas. The cap rate is 8%!! Additionally, an empty lot on the east side of the property presents an exciting opportunity for expansion or development. There is also one storage building. A new privacy fence was just installed on the south side. Whether you envision adding more trailers, constructing a new residential unit, or exploring commercial ventures, this blank canvas allows you to tailor the property to your vision in the thriving Mancos community. Included in purchase- trailers, land, washers/dryers, and storage buildings. 100% occupancy rate.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-07-25T10:56:41.427.
www.destinationdro.com/homes/149582817
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273 E Menefee Street Mancos, CO 81328

  • Price: $519,000
  • Status: Active
  • On Site: 95 Days
  • Updated: 125 min ago
  • MLS #: 812484
0
Beds
10
Baths
0
½ Baths
0.95
Acres
6,000
SQFT
$87
$/SQFT
Neighborhood:
Ervien Addition
County:
Montezuma
Area:
Mancos
Property Description
The Mancos Trailer Park, located behind P & D Grocery, has 8 units (6 two bedroom units, 1 three bedroom unit, and 1 one bedroom unit) for sale that provide economical housing with many long time residents. These trailers provide immediate rental income and a stable foundation for your investment. Seller pays for trash and renters pay for electric and natural gas. The cap rate is 8%!! Additionally, an empty lot on the east side of the property presents an exciting opportunity for expansion or development. There is also one storage building. A new privacy fence was just installed on the south side. Whether you envision adding more trailers, constructing a new residential unit, or exploring commercial ventures, this blank canvas allows you to tailor the property to your vision in the thriving Mancos community. Included in purchase- trailers, land, washers/dryers, and storage buildings. 100% occupancy rate.
Exterior Features

Acreage Range .5-.99 Carport No Lot Dimension 275 x 154 ft Parking 10-20 Total Spaces Parking Spaces 15 Property Attached Yes Property Description Corner Sewer Public Sewer Installed Stories 1 Street Description City/Town Water Public Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 5000 One Quarter Baths 0 Total Offices 0

Property Features

Available Utilities ElectricNatural GasSeptic Books Available No Cam No Cap Rate Percent 8 Covenants NO Current Use Mixed Use Exchange Trade No Existing Utilities ElectricNatural GasPropane-Tank Owned Fixtures Included No Gross Annual Expenses 20000 Gross Scheduled Income 65000 Inventory Included No Landlord Pays Building InsuranceReal Estate TaxesSewer/WaterSite Maintenance (Prop)Trash Lease Included Yes Net Operating Income 45000 New Construction YN No Owners Association No Possible Property Use AutomotiveBar/LoungeConvenience StoreGeneral OfficeLodgingManufacturingMixed-UseMulti-Flex/R & DOffice WarehouseProfessional/MedicalRestaurantRetail StorefrontRetail WarehouseShowroomWarehouse Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2023 Tenant Pays ElectricGas Total Electric Meters 8 Total Gas Meters 7 Total Taxes 600 Total Water Meters 2 Type Mobile/Manufact Home Park Vacancy Factor Prcnt 0 Variable Rate No Water Rights No Zoning Type Mobile Home Park

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-07-25T10:56:41.427.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Colorado Ranch and Home Realty: 970-759-2540.