273 E Menefee Street, Mancos, CO 81328

$554,000
10
BA
6,000
SqFt

Listing courtesy of Colorado Ranch And Home Realty.

Property Description

The Mancos Trailer Park, located behind P & D Grocery, has 8 units (6 two bedroom units, 1 three bedroom unit, and 1 one bedroom unit) for sale that provide economical housing with many long time residents. These trailers provide immediate rental income and a stable foundation for your investment. Seller pays for trash and renters pay for electric and natural gas. The cap rate is 8%!! Additionally, an empty lot on the east side of the property presents an exciting opportunity for expansion or development. There is also one storage building. A new privacy fence was just installed on the south side. Whether you envision adding more trailers, constructing a new residential unit, or exploring commercial ventures, this blank canvas allows you to tailor the property to your vision in the thriving Mancos community. Included in purchase- trailers, land, washers/dryers, and storage buildings. 100% occupancy rate.

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