New Listing
408 NW 8th Street,Cedaredge, CO 81413
Cedaredge, CO 81413
Description
Great investment opportunity with this 12-Unit mobile home park. All units are park/Seller owned and 100% leased. Over the last 24+ months the 9 units and grounds were renovated, and in 2026 three brand new units were added on vacant lots. $600,000 was recently invested in the renovations and in adding the new units. (original dates/ages of 9 units range from 1966-1983, albeit renovated and modernized). The in-place gross revenue of $215,000 and net operating income (NOI) of $159,000 generates an 8.6% CAP Rate. Nestled at the foot of Colorado's Grand Mesa, Cedaredge is a charming mountain town where small-town hospitality meets breathtaking natural beauty. With its sweeping views, mild four-season climate, and rich agricultural heritage, Cedaredge offers a slower pace of life surrounded by orchards, vineyards, and scenic trails. However, it’s close to the employment centers of Grand Junction, Delta and Montrose. Don’t miss this awesome stable investment Opp, call or email now to tour the property!
Details
| MLS # | 838290 |
|---|---|
| Listing Type | For Sale |
| Style | Manufacturedonland |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 4 |
| Listing Provided By | Grand Mesa Real Estate Services | Lucinda Stanley |
Features
| SQ Feet | 10,550 |
|---|---|
| Story(s) | 1 |
| Units | 12 |
| Zoning | Mobile Home Park |
| Acreage | 2.00 |
| Golf Course | Yes |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Furnished | Unfurnished |
Exterior
| Roof | Architectural, Metal, Shingle |
|---|---|
| Foundation Details | Other |
| Lot Features | Corner Lot, Near Golf Course |
Parking
| Parking Features | Gravel, Two Spaces |
|---|
Utilities
| Utilities | Electricity Connected, High Speed Internet Available, Sewer Available, Water Available |
|---|
Other
| List Aor | Montrose Association Of Realtors |
|---|
Taxes
| Property | 603 |
|---|
Area Information
| State | CO |
|---|---|
| County | Delta |
| City | Cedaredge |
| Zip Code | 81413 |
| Area | Surface Creek |
| Community Name | Boulder Park |
| Listing VS Median (in Boulder Park) | |
Price: $1,850,000 low | high Med: $1,850,000 sqft: 10,550 low | high Med: 10,550 $ / sqft: $175 low | high Med: $175 On site: 4 low | high Med: 4 | |
Market Activity 81413
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Learn More About This Property
| State | CO |
|---|---|
| County | Delta |
| City | Cedaredge |
| Zip Code | 81413 |
| Area | Surface Creek |
| Community Name | Boulder Park |
| Listing VS Median (in Boulder Park) | |
Price: $1,850,000 low | high Med: $1,850,000 sqft: 10,550 low | high Med: 10,550 $ / sqft: $175 low | high Med: $175 On site: 4 low | high Med: 4 | |