CO
Delta
Cedaredge
81413
408 NW 8th Street
408 NW 8th Street, Cedaredge, CO 81413
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Listing Type
Commercial/Industrial
Listing Status
Active
28
$1,850,000

Home Details for 408 NW 8th Street

Price
$1,850,000
Type
Commercial Sale
Year built
1966
Lot size acres
2
County
Delta
MLS Listing#
2317364
Property 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. 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. Listing agent is brother-in-law of Seller. Don’t miss this awesome stable investment Opp, call or email now to tour the property!

Property Features
  • Water Features
    • Public
  • Utilities
    • Electricity Connected
Listing Courtesy: Tyler Donegan Duncan Real Estate Services, Inc. - 301-370-3611
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EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
383 Inverness Parkway Suite 140, Englewood, CO 80112
Sheryll White Broker. 303 790 7200
Office
303 790 7200
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