Homes for sale - 460 E Colfax AVE, Bennett, CO 80102

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Ken Gaffga

kengaffga@icloud.com +1(303) 990-7779

$ 2,735,000

Est. payment | -/mo

16,150 SqFt

Save

$ 2,735,000

Est. payment | -/mo

Save

16,150 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,150 sqft

Price per Sqft $169

MLS Listing ID 9993695

HOA Y/N No

Year Built 1940

Annual Tax Amount $7,450

Tax Year 2023

Lot Size 1.320 Acres

Acres 1.32

Property Sub-Type Multi Family

Source recolorado

Property 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 8.24% year over year, as of December 31, 2025. 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 to Denver International Airport (Top 4 busiest airport in the U.S. by 2025 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: 6.74%
• Pro Forma Cap Rate: 7.35%+ (including professional management)
460 E Colfax Avenue:
• Additional Land Value with 100 ft high-visibility frontage, water tap, & 1940's structure.
Total Price: $2,735,000.

Location

State CO

County Adams

Zoning Commercial

Interior

Fireplace N

Exterior

Parking Features Concrete

Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected

Total Parking Spaces 26

Garage No

Building

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Coldwell Banker Realty 24

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(303) 990-7779

kengaffga@icloud.com

12245 N Pecos St, Denver, CO, 80234, USA

460 E Colfax AVE Bennett, CO 80102