460 E Colfax Ave, Bennett, CO

Name: 460 E Colfax Ave, For Sale in Bennett - Zoocasa
Brand: Coldwell Banker Realty 24
SKU: 9993695
Price: 2735000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$2,735,000

0026

MLS® 9993695

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $7,450

Days Active 542

Approx. Age 1940

MLS® Number 9993695

Property Address: 460 E Colfax Ave, Bennett, CO, 80102

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity to own multiple income streams in the growing town of Bennett. The 13-unit manufactured home community is turnkey with newer Champion homes (2017 to 2019), park-owned, rented, and included in the sale. Each unit is separately metered for gas and electric. The community is served with city water and sewer, each unit having a sub meter system for individual water utility billing. The Champion manufactured homes are a spacious 1, 150 sq ft, 2 bed/2 bath layout, with 2x6 exterior walls, smart siding, 50yr Malarkey Legacy shingles (2021), and a two-car driveway directly in front of each unit. Registered with the Colorado Division of Housing Mobile Home Park Oversight Program (MHPOP) as Bennett Homes, MHP-003371. **Note: All units are park-owned** Gross operating income has increased 8.49% year over year, as of September 30, 2025 T12. Develop an additional income stream with 100 ft of high visibility frontage along E. Colfax Avenue and Town of Bennett commercial mixed-use zoning. Reimagine the approximately 1, 200 sq ft 1940’s structure: perhaps future retail, or a convenient office for your growing enterprise. Invest in an area that has experienced a notable population increase since 2020, with an average annual growth rate of 8.7% in the Town of Bennett. The population in Bennett is projected to continue expansion at a 12% - 20% growth rate per year with projections through 7/1/2029. (Source: Town of Bennett publication, November 2024.) Convenient location for tenants, near Denver International Airport (Top 6 busiest airport in the world by 2024 passenger count), Colorado Air & Space Port, and the adjacent Data, Tech, and Industrial developments at Port Colorado & Rocky Mountain Rail Park. Bennett Homes: 13-Unit Manufactured Home Community: • In-Place Cap Rate: 6.57% • Pro Forma Cap Rate: 7.35%+ (including professional management) 460 E Colfax Avenue: • Additional Land Value with water tap & 1940's structure. Total Price: $2, 735, 000.

MLS® Number9993695

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1940

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 12, 2024List Date

$2,735,000List Price

Commute

Commute

Starting Address

Destination Address

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