700 Us Highway 50

  • $1,600,000
    • Baths: 2
    • Sq Ft: 2,395
    • Lot Sq Ft: 1.83 acres

Great Opportunity to own real estate and earn a good passive income. The property consist of 14 mobile home trailers that are individually owned and on month to month lease, lot rent is $400 a month. Water, Sewer and Trash is included in the lot rent. Duplex on the property is fully rented, Apt A is $1700 a month consist of 2 bedroom and 2 bath with garage and Apt B is 2 Bedroom and 2 Bath at 2100 with a garage. The duplex has electric heat in ceiling that tenant pays and natural gas hot water heaters that landlord pays. Apt A lease is coming due on their lease new buyer can occupy the unit and operate the mobile home park on site or opt to rent it out again with better rents and terms. The current owner uses a well for summer irrigation around the property. Close proximity to downtown Gunnison, Western Colorado University and Airport.

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Price:$1,600,000
Address:700 Us Highway 50
City:Gunnison
State:Colorado
Zip Code:81230
Subdivision:West Gunnison
MLS:822481
Year Built:1988
Square Feet:2,395
Acres:1.83
Lot Square Feet:1.83 acres
Bathrooms:2
area:Gunnison City
roof:Architectural Shingles, Other
camYN:no
fence:Other, Vinyl
sewer:Public Sewer Installed
terms:1031 Exchange, Cash, Conventional, Other
access:Year Round
mainSf:1198
vowAvm:yes
parking:Gravel, 20 + Total Spaces, Common, 2 per unit, Other
taxYear:2024
upperSf:1197
flooring:Carpet, Laminate, Tile, Vinyl
saleRent:For Sale
carportYN:no
furnished:Unfurnished
numFloors:2
occupancy:Long Term
shortSale:no
waterWell:No
finishedSf:2395
foundation:Concrete, Other
sqftSource:Assessor
tenantPays:Electric, Gas
totalUnits:16
typeOfSale:Asset
vowAddress:yes
vowComment:yes
vowInclude:yes
waterFront:No
covenantsYN:no
parcelIdNum:378702233001
zoningOther:Mobile Home Park
landlordPays:Building Insurance, Common Area Maintenance, Other, Real Estate Taxes, Sewer/Water, Snow Removal, Trash
lotDimSource:assessor
lotDimension:300 x 400
taxAccountId:R002361
domesticWater:Public, Well-Other
furnFixtEquip:2 Range/Oven, 2 Refrigerator in the duplex.
leaseIncluded:Yes
lo1officeType:Real Estate Office
parkingSpaces:32
booksAvailable:No
capRatePercent:6.1
lotSizeAcerage:1-1.99
railroadSiding:No
reoLenderOwned:no
lo1mainOfficeId:3102
totalTaxesPrice:3294.61
fixturesIncluded:No
internetProvider:Spectrum/Charter
listingAgentName:Hanish Chhitu-Mani
signOnPropertyYN:yes
waterRightsIrrig:No
existingUtilities:Electric, Internet, Natural Gas, Phone, Sanitary Sewer, Water
internetServiceYN:Yes
inventoryIncluded:Yes
la1agentLicenseId:FA100024469
listingAgentPhone:(214) 549-8884
listingOfficeName:Gunnison Real Estate & Rentals
newConstructionYN:no
realEstateForSale:Yes
totalNumGasMeters:15
availableUtilities:Cable, Electric, Fiber Optics, Internet, Natural Gas, Phone, Sanitary Sewer, Water
currentPropertyUse:Other, Mixed Use
listingOfficePhone:(970) 641-4880
lo1officeIdentifier:3102
ownerAssnInclusions:Sewer, Trash, Water
ownersAssociationOa:No
possiblePropertyUse:Mixed-Use, Other
propertyDescription:Other, Boundaries Surveyed
specialAssessmentYN:no
listingAgentLastName:Chhitu-Mani
lo1brokerageLicenseId:EC40041645
lo1officeAbbreviation:GGR&R
totalNumElectricMeters:15
netOperatingIncomePrice:106000
streetDescriptionAccess:State Highway, City/Town, Gravel, Dirt, Other, 75'-100' Frontage
grossAnnualExpensesPrice:15200
grossScheduledIncomePrice:121200
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