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Businesses For Sale   >>   Colorado Springs Businesses For Sale   

55 Acre Mobile Home Park For Sale

Location  Colorado Springs, Colorado, United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $66330
Net Profit / Cash Flow  $52859
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1986
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned

Description  
The Ellicott Acres Mobile Home Park is a unique, all-age community located in the Colorado Springs, Colorado area. The attractive property encompasses 55 acres with only 22 lots/homesites. Each lot is 2.5 acres, providing for open spaces and low density. Most of the tenants own their own home, so there is very little turnover. The average lot rent in the community is $360 per month. The return on investment is about 11%, and there is an opportunity for additional income with several sites still available to rent. The Park was opened in 1986 and has been owned by the same family since that time. Included in the sale are 25-acre feet of water rights, recently upgraded water system, four mobile homes, and several other additional structures. Contact Ron Brasch, FBB, Ltd., (800) 395-7653.


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