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$ 3,335,000
Property Attributes
  • MLS#908490
  • TypeIncome
  • CountyMORGAN
  • CityLog Lane Village
  • AreaSee Attached
  • NeighborhoodSee Attached
  • Zip80705
  • Style1 Story/Ranch
  • Price$ 3,335,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage924
  • Lot Size4.59 Acres
Listing Provided Courtesy Of:
Coates Realty Group, LLC
Property Description

Great income potential!! 23 Mobile homes, each with a 2 car detached garage. Lot sizes range from 6050-7670 (majority are 7500 sf). Square footage of the mobile homes runs from 720 sf - 1488 sq. ft., with majority between 910 and 952 sq. ft. Some units have central air; some have fenced yards. The age of most homes are between 1972-1974, however the range is between 1969-1976. Contact Broker for a detailed list of each unit's square footage and age of home. Each unit includes stove and refrigerator. Solid rental history; many are long term tenants. Great investment opportunity!

Elementary School Middle School High School
Fort Morgan Elementary School Fort Morgan Middle School Fort Morgan High School
Price History
4/12/2020 Listed $3,335,000

General Features

Capitalization Rate 5.05
County Morgan
Locale Log Lane Village
Net Operating Income 168583.7600
Ownership Private Owner
School District Fort Morgan RE-3
Subdivision SEE ATTACHED
Total Number of Units 23
Total Operating Epense 9016.2400
Zoning R

Interior Features

Heating Forced Air
Utilities Natural Gas, Electric

Exterior Features

Inclusions Electric Range/Oven, Refrigerator
Road Access City Street


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80705

AVG $3.34M
AVG 89
Year Built
AVG 1974

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