Ignite FB Tracking Pixel460 E Colfax Avenue, Bennett, CO 80102 - Wallie and Cyndy Weld of the Weld Team
Broker's Guild Real Estate
Wallie and Cyndy Weld of the Weld Team, Broker's Guild Real EstatePhone: (720) 629-3483
Email: [email protected]
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listing
1 of 13
Single FamilyFor Sale
$2,735,000
460 E Colfax Avenue
Bennett, CO 80102
Listed by: Coldwell Banker Realty 24, 303-324-0241
MLS: REcolorado
16,150Sq Ft
Est. Mortgage
$14,218/mo

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. 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. Total Price: $2,735,000: Bennett Homes: 13-Unit Manufactured Home Community: • Current Cap Rate: 5.71% • Pro Forma Cap Rate: 7.78% + 460 E Colfax Avenue: Additional Land Value, water tap, & 1940's structure.

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Information courtesy of Coldwell Banker Realty 24 is subject to verification and is not guaranteed.
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