150 Zerex Street

    Fraser, CO 80442
    • $699,000
    • STATUS: Active
    • ON SITE: 398 days
    • MLS #: 9310363
    UPDATED: 21 min ago
    $699,000
    • 14
      BEDS
    • 0.8
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 1
      SQFT
    • $699,000
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1976
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by A Better Way Realty.

    Description

    A seven (7) space Mobile Home Park located in Downtown Fraser, Colorado. THE VALUE IS IN THE LAND! The property has seven water/sewer taps and all units stay rented. The City has recently gone through re-zoning that Triples the density in this location since it falls into the new Riverwalk Mixed Use area. A developer would be able to divide this property into 2,200 square foot lots and build 16 single family homes. Maximum density with inclusion of retail in a multi-family or condo building would allow for up to 48 units. Have great income on a piece of land with significant development potential. Combine with the Riverfront parcel across the street from this parcel and double the number of units you can build. With all the significant changes and development happening in Grand County, Fraser is poised to change dramatically especially when you consider the Big Changes at Winter Park Resort including the New 10 person Gondola. Go to : www.riverwalkfraser.com for additional info

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    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than 8z Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    frontrange.8z.com/homes/86676628

    150 Zerex Street Fraser, CO 80442

    • Price: $699,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 9310363
    14
    Beds
    7
    Baths
    0
    ½ Baths
    0.8
    Acres
    1
    SQFT
    $699,000
    $/SQFT
    1976
    Built
    Neighborhood:
    Downtown Fraser
    County:
    Grand
    Area:
    Fraser
    Elementary School:
    Fraser Valley
    Middle School:
    East Grand
    High School:
    Middle Park
    School District:
    East Grand 2
    Property Description
    A seven (7) space Mobile Home Park located in Downtown Fraser, Colorado. THE VALUE IS IN THE LAND! The property has seven water/sewer taps and all units stay rented. The City has recently gone through re-zoning that Triples the density in this location since it falls into the new Riverwalk Mixed Use area. A developer would be able to divide this property into 2,200 square foot lots and build 16 single family homes. Maximum density with inclusion of retail in a multi-family or condo building would allow for up to 48 units. Have great income on a piece of land with significant development potential. Combine with the Riverfront parcel across the street from this parcel and double the number of units you can build. With all the significant changes and development happening in Grand County, Fraser is poised to change dramatically especially when you consider the Big Changes at Winter Park Resort including the New 10 person Gondola. Go to : www.riverwalkfraser.com for additional info
    Exterior Features

    Construction Materials Metal Siding Construction Methods Metal Frame Lot Depth 110.00 Lot Width 214.00 Parking Off-Street (21 Spaces) Parking Total Searchable 21 Roof Built-Up(Tar & Gravel) Storage Units Number Of 0 View City ViewMountain View

    Interior Features

    Basement Size None Cooling None Heating Forced Air Heating Fuel ElectricGas Sq Ft Above 0 Sq Ft Finished 0

    Property Features

    Annual Expense Actual 8500 Annual Expense Proj 13000 Annual Income Actual 63000 Annual Income Proj 63000 Annual Net Income Actual 54500 Annual Net Income Proj 50000 Building Type Other Business Type Mobile Home Park Capitalization Rate 6.90 Capitalization Rate Calculation 50000/$729000 Has Hoa YN No Has Multiple Hoas YN No Is Incorporated YN Yes Listing Financing CashConventionalOwner Will Carry Number Of Units Furnished 5 Number Of Units Vacant 0 Owner Paid Utilities InsuranceProperty TaxWater Potential Rental Income Annual 5500 Real Estate Taxes 502 Reports Available Rental Average Seller Type Corporation/Trust Status Conditions Equitable Interest Tax Amount 502.00 Tax Year 2017 Transaction Type For Sale Unit Count 1 Water Annual Expense 500 Zoning Riverwalk Mixed Use

    Listing courtesy of A Better Way Realty: MLS #9310363


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than 8z Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    8z Real Estate
    4041 Hanover, Suite 200
    Boulder CO, 80305
    Offered by A Better Way Realty.