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408 NW 8th Street, Cedaredge, CO 81413

$1,850,000
  • 408 NW 8th Street, Cedaredge, CO 81413 Main Photo

28 Photos

Pending
SQUARE FEET10,550 MLS#2317364
STATUSPending PROPERTY TYPECommercial - Business

Listing Courtesy of: Tyler Donegan Duncan Real Estate Services, Inc.
Agency Contact: chad@tylerco.com,240-436-6432
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Property Description

Great investment opportunity with this 12-Unit mobile home park. All units are park/Seller owned and 100% leased. Over the last 24+- months the 9 units and grounds were renovated. In 2026 three brand new units were added on vacant lots. $600,000 was recently invested in the renovations and in adding the new units. (original dates/ages of 9 units range from 1966-1983, albeit renovated and modernized). The in-place gross revenue of $215,000 and net operating income (NOI) of $159,000 generates an 8.6% CAP Rate. Nestled at the foot of Colorados Grand Mesa, Cedaredge is a charming mountain town where small-town hospitality meets breathtaking natural beauty. With its sweeping views, mild four-season climate, and rich agricultural heritage, Cedaredge offers a slower pace of life surrounded by orchards, vineyards, and scenic trails. However, its close to the employment centers of Grand Junction, Delta and Montrose. Listing agent is brother-in-law of Seller. Dont miss this awesome stable investment Opp, call or email now to tour the property!

408 NW 8th Street | MLS# 2317364

This commercial property located at 408 NW 8th Street, Cedaredge, CO 81413 is currently listed for sale with an asking price of $1,850,000. Search Cedaredge real estate on www.janarhein.realtor today.

Property Features

Property Type: Commercial - Business
Lot Size: 2.00 Acres
Roof Type: Metal
Taxes: $613
Year Built: 1966

Feature Descriptions

Days on Site: 18
Lot: Corner Lot, Foothills, Landscaped
Parcel#: M902676
Sewer: Public Sewer
Units: 12
Utilities: Electricity Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: Tyler Donegan Duncan Real Estate Services, Inc.
Agency Contact: chad@tylerco.com,240-436-6432

Shown By

Agent Name: Janalynn Rhein
Agent Phone: (719) 290-9657
Agency Title: The Cutting Edge, Realtors

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