390 E Dakota Drive , Units 1 - 35 Pl

Description

MINI MANSIONS MOBILE VILLAGE Bayfield, Colorado, Investment Opportunity Offered at $4,200,000 3 parcels total 4.15 acre where this Mobile Home Park was developed in 1972. Mini Mansions Mobile Village presents a rare opportunity to acquire a well-maintained, family-owned mobile home community in the growing Southwest Colorado market. Offered for the first time, this 35-space community has been carefully managed and maintained, resulting in strong occupancy, stable income, and long-term tenant retention. Situated within walking distance to schools, shopping, and local amenities in Bayfield, the property benefits from a highly desirable in-town location with convenient access to Durango and surrounding employment centers. Property Highlights; 35 Mobile Home Spaces, Lot Rent: $600 per month per (space #20 available), Tenants Pay Natural Gas & Electric, Central Water & Sewer paid by owner, Low Vacancy / Stable Tenant Base, On-Site Owner/Manager Residence & Office is a 1,152 SF Doublewide Home, Park Area / Open Space, Three Parcels Totaling 4.15 Acres, Family Owned – First Time on the Market, Excellent Overall Condition, Income Profile With all 35 spaces leased at $600 per month: Gross Scheduled Income (Lots Only): 35 spaces × $600 × 12 months = $252,000 annually, Tenants are responsible for natural gas and electric, reducing owner expense exposure and enhancing operational efficiency. The on-site owner/manager residence and office provide operational convenience and additional potential income flexibility. Bayfield continues to experience steady growth as a more affordable alternative to Durango, while maintaining proximity to regional employment, recreation, and services. The property’s walkable location to schools, retail, and daily amenities makes it particularly attractive to long-term residents and families. Strong cash-flowing asset with stable tenancy, Below-replacement-cost housing in a supply-constrained market, Upside potential through rent optimization and operational efficiencies, First-time offering with pride of ownership evident throughout. Mini Mansions Mobile Village offers investors a stable, income-producing asset in a high-demand housing segment with long-term growth fundamentals in one of Southwest Colorado’s most desirable communities. For additional information or to schedule a property tour, please inquire directly.