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400 S Overland Trl

Fort Collins, CO 80521
  • $3,600,000
  • STATUS: Active
  • ON SITE: 215 Days
  • MLS #: 959370
UPDATED: 38 min ago
$3,600,000
  • 3
    BEDS
  • 2.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,628
    SQFT
  • $2,211
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

5.75 Cap Rate on Existing Income! Aspen Mobile Home Park in Northwest Fort Collins sits on 2.67 acres accommodating 33 mobile homes, one single family residence and a storage barn. $204,705.00 NOI budgeted for 2022. Value add opportunity to bring rents up to market and to install sub-meters and bill back water/sewer. The Fort Collins-Loveland MSA has 310,000 as of 2022 and is one of the country's fastest growing areas.

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© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or J2 Real Estate Group at Remax Alliance. Data last updated: 2022-09-25T13:41:27.76.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.thedanielsgrouprealestate.com/homes/126003721
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400 S Overland Trl Fort Collins, CO 80521

  • Price: $3,600,000
  • Status: Active
  • On Site: 215 Days
  • Updated: 38 min ago
  • MLS #: 959370
3
Beds
0
Baths
0
½ Baths
2.67
Acres
1,628
SQFT
$2,211
$/SQFT
1969
Built
Neighborhood:
S9 T07 R69
County:
Larimer
Area:
09 Fort Collins area
Elementary School:
Irish
Middle School:
Lincoln
High School:
Poudre
School District:
Poudre
Property Description
5.75 Cap Rate on Existing Income! Aspen Mobile Home Park in Northwest Fort Collins sits on 2.67 acres accommodating 33 mobile homes, one single family residence and a storage barn. $204,705.00 NOI budgeted for 2022. Value add opportunity to bring rents up to market and to install sub-meters and bill back water/sewer. The Fort Collins-Loveland MSA has 310,000 as of 2022 and is one of the country's fastest growing areas.
Exterior Features

Architectural Style Ranch Construction Materials Other Fencing Partial Horse YN No Lot Features Corner LotWoodedLevelAbuts Private Open Space Other Structures Outbuildings Road Frontage Type Priv Rd Up To County Standards Roof Other Spa YN No View Foothills View Waterfront YN No

Interior Features

Basement None Heating None Heating YN No Living Area Source Assessor Unit3 Bedrooms 3 Unit3 Est Sq Ft 1628 Unit3 Total Baths 2

Property Features

Association YN No Cap Rate 4.99 Ditches Active YN No Electric Electric Exclusions Tenant's Personal Property Gas Natural Gas Gross Income 235000 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Fort Collins Net Operating Income 179870.52 New Construction YN No Operating Expense 55129.48 Possible Use Mobile Homes Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Sewer City SewerDistrict Sewer Special Listing Conditions Licensed Owner Tax Annual Amount 6880.48 Tenant Pays DepositGasElectricityWaterSewerTaxesInsuranceTrash Collection Unit1 Rent 650 Unit2 Rent 270 Unit3 Rent 1500 Utilities Natural Gas AvailableElectricity Available Water Source City WaterDistrict WaterCity Of Fort Collins Zoning Mhp

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of David Lund of Noble Venture: 9706921310.



© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or J2 Real Estate Group at Remax Alliance. Data last updated: 2022-09-25T13:41:27.76.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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J2 Real Estate Group at Remax Alliance
4703 Boardwalk Dr.
Fort Collins CO, 80525