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    28146 Hwy 160

    Durango, CO 81301
    • $1,100,000
    • STATUS: Active Under Contract
    • ON SITE: 16 days
    • MLS #: 782376
    Under Contract
    UPDATED: 56 min ago
    $1,100,000
    • 0
      BEDS
    • 1.51
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,806
      SQFT
    • $609
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1994
    County:

    School Ratings & Info

    Listing courtesy of Keller Williams Realty Southwest Associates, Llc.


    Description

    This fantastic property features 2 mobile homes on permanent foundations and 4 mobile homes not on permanent foundations. The seller owns and will convey 6 mobile homes with the purchase of the property. The primary residence features 3 bedrooms, 2 bathrooms and a 4 car garage and sits on top of the hill with beautiful mountain views. The main home has an indoor and outdoor electric fireplace and backs to BLM land. Units #3 and #4 each had new propanol roofs installed 2 years ago. If all 6 of the sellers homes were properly rented out, the property would generate a gross income of about 93,600K annually (these are based on relatively low rental numbers) or more which would indicate a cap rate of about 7.5%. There is also room for adding more units which would also increase the cap rate on this property. Financing options through local banks are available. Whether you are an investor looking for a cash flowing asset in Durango or someone looking for a primary residence with views in Durango and rental income, this is a fantastic property that you won't want to miss!

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    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 2021. 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 Durango Mountain Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-06-12T09:56:20.733.
    www.durangomountainrealty.com/homes/117591924
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    28146 Hwy 160 Durango, CO 81301

    • Price: $1,100,000
    • Status: Active Under Contract
    • Updated: 56 min ago
    • MLS #: 782376
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.51
    Acres
    1,806
    SQFT
    $609
    $/SQFT
    1994
    Built
    Neighborhood:
    Gi Tracts
    County:
    La Plata
    Area:
    Durango In Town
    Property Description
    This fantastic property features 2 mobile homes on permanent foundations and 4 mobile homes not on permanent foundations. The seller owns and will convey 6 mobile homes with the purchase of the property. The primary residence features 3 bedrooms, 2 bathrooms and a 4 car garage and sits on top of the hill with beautiful mountain views. The main home has an indoor and outdoor electric fireplace and backs to BLM land. Units #3 and #4 each had new propanol roofs installed 2 years ago. If all 6 of the sellers homes were properly rented out, the property would generate a gross income of about 93,600K annually (these are based on relatively low rental numbers) or more which would indicate a cap rate of about 7.5%. There is also room for adding more units which would also increase the cap rate on this property. Financing options through local banks are available. Whether you are an investor looking for a cash flowing asset in Durango or someone looking for a primary residence with views in Durango and rental income, this is a fantastic property that you won't want to miss!
    Exterior Features

    Carport No Lot Dimension Tbd Stories 1 Water Well Yes Waterfront YN No

    Interior Features

    Finished Sq Ft 1806 One Quarter Baths 0 Total Offices 0

    Property Features

    Books Available No Cam No Covenants No Current Use Other Exchange Trade No Fixtures Included No Gross Annual Expenses 11009 Inventory Included No Lease Included No New Construction YN No Owners Association No Possible Property Use Other Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2020 Total Taxes 985.44 Type Mobile/Manufact Home Park Variable Rate No Water Rights No Zoning Type Mobile Home Park

    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 2021. 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 Durango Mountain Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-06-12T09:56:20.733.
     
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    Durango Mountain Realty
    PO Box 17000
    Durango CO, 81302
    Listing courtesy of Keller Williams Realty Southwest Associates, Llc.