NOT LISTED FOR SALE

1212 Butte Rd Loveland, CO 80537

2 Beds
1 Bath
784 Sq Ft
1979 Built

Sale Details

Date Sold: August 6, 2021

Last sale price $625,000 $797 Per Sq Ft

4 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • Ceiling Fan
  • Evaporated cooling system
  • Forced Air Heating System
  • Satellite Dish

About This Home

As of August 2021

Entire mobile/ manufactured home rental portfolio for sale. Homes only for sale, as they're all in a leased land lot community. All located in Mountain View mobile home community. 47 Total units of varying ages, sizes and building materials. Most units are 2 bedroom 1 bath, around 800 square feet. All units have gas forced air furnaces and evaporative coolers (except 1 unit has AC). Average rent per unit is $1150/ mo. Community is all-ages, dog friendly and fencing is allowed. Plenty of value-ads and opportunity to keep up with market rents. Many units have sheds, which are also included. Another option may be to fix and flip the homes over time. Buy them now for less than $14K each and resell for $25-40K each on the market later (depending on how much work was done to each unit). Possibilities abound with this unique investment opportunity!

Last Agent to Sell the Property

Tawny Slattery

Elevate RE and Home Sales License #100077621 Listed on: 06/19/2021

Last Buyer's Agent

Dave Lund

Noble Venture License #100027322

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 1979

Home Design

  • Fiberglass Roof
  • Metal Roof
  • Metal Siding
  • Composition Shingle

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Outdoor Features

  • Outdoor Storage

Schools

  • Namaqua Elementary School
  • Clark Middle School
  • Thompson Valley High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number M9034579

Community Details

Overview

  • No Home Owners Association
  • Association fees include management
  • 47 Units
  • Mountain View Mobile Home Park Subdivision

Building Details

  • Gross Income $546,745
  • Net Operating Income $151,451

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,634

Year Built

Built in 1979

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 1979
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Road Frontage Type: Priv Rd up to County Standards
  • Road Surface Type: Asphalt
  • Subdivision Name: Mountain View Mobile Home Park
  • Directions: From Highway 34, go south on Butte Rd and into community.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Manufactured House
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 784
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Mobile Homes
  • Private Spa: No
  • Appliances: Some Appliances
  • Has Basement: None
  • Interior Amenities: Satellite Avail
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal, Fiberglass, Other
  • Waterfront: No
  • Construction Type: Metal Siding, Composition Siding
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Evaporative Cooling, Ceiling Fan(s)
  • Electric: Electric, CityofLoveland
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Community/ COL
  • Gas Company: Natural Gas, XCEL

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Namaqua
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Clark (Walt)

Lot Info

  • Zoning: MH
  • Lot Size Sq Ft: 1
  • Parcel #: M9034579
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2634

Multi Family

  • Number Of Units Total: 47
  • Annual Gross Income: 546745
  • Income Includes: ["Lease/Rents"]
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2021 11/07/21 Off Market $625,000 -- --
08/06/2021 08/06/21 Sold $625,000 -3.4% $797 / Sq Ft
06/19/2021 06/19/21 For Sale $647,000 -77.7% $825 / Sq Ft
01/28/2019 01/28/19 Off Market $2,900,000 -- --
10/29/2015 10/29/15 Sold $2,900,000 +1.8% $3,776 / Sq Ft View Prior Sale
10/09/2015 10/09/15 Pending -- -- --
09/02/2014 09/02/14 For Sale $2,850,000 -- $3,711 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20 $856 -- $856
2022 $20 $250 -- $250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE943681

IRES MLS

APN: 95171-00-027

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