11
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$2,561,001
Est. payment /mo
21,270 SqFt
Active
2431 Central Avenue Canon City, CO 81212
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UPDATED:
11/25/2024 06:42 PM
Key Details
Property Type Commercial
Sub Type Commercial Buildings
Listing Status Active
Purchase Type For Sale
Square Footage 21,270 sqft
Price per Sqft $120
Subdivision West Of Pueblo County
MLS Listing ID 228938
Year Built 1918
Lot Size 3.500 Acres
Acres 3.5
Property Description
Welcome to Canon City's Central Avenue Mobile Home Community, a hidden gem nestled in the breathtaking beauty of Canon City, Colorado. This charming mobile home park features 23 renovated units 2 being stick-built homes. With a nearly 100% occupancy rate and an average monthly rent of $1200, this property promises a steady and reliable income stream for investors looking for 7+% cap rate investment opportunities. As an added bonus, the property has 4100 square foot building that currently sits vacant. This versatile space offers an excellent opportunity for further income generation. This mobile home park is more than just a real estate investment; it's a well-maintained, income-generating asset set against the backdrop of Canon City's natural beauty. With renovated units, stick-built homes, and additional rental potential, this property offers a unique blend of stability and growth, making it an exceptional opportunity for investors looking to capitalize on the thriving Canon City real estate market.
Location
State CO
County Fremont
Area Outlying
Zoning MH
Schools
School District Re-1
Others
Acceptable Financing Cash, Conventional, Other-See Remarks
Listing Terms Cash, Conventional, Other-See Remarks
Listed by Jami Baker Orr Team • Keller Williams Performance Realty
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