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Improved Mixed-Use Land for Sale in Bayfield, Colorado

390 E Dakota Drive 1-35 Plus, Bayfield, CO 81122

$3,500,000
4.15 acres
Active sale
ago
Est $19,396/mo

Brett Rosenbaugh, Keller Williams Realty Southwest Associates, LLC, C:,,: Mini Mansions Mobile Village is a well-loved, in-town mobile home community in Bayfield, Colorado - the kind of park where pride of ownership shows the moment you turn in. Mature trees, lush vegetation, and irrigated grounds give the property a settled, residential feel that is uncommon in this asset class. Homes are cared for because the people who live here own them.The park offers 35 rental spaces plus a separate owner/manager's quarters in an on-site double-wide. Thirty-four homes are tenant-owned and owner-occupied. One space is vacant. That ownership profile is the backbone of the investment: stable occupancy, residents who treat the park as home, and none of the turnover and maintenance load that comes with park-owned inventory.Location is a true in-town Bayfield setting, with convenient access to schools, shopping, and daily services, and roughly a 20-minute drive to Durango. A green play area gives room to run. City utilities serve the community. Tenants pay their own electric and natural gas, which are each individually metered, which keeps operating exposure clean. Water, sewer, trash are Town of Bayfield service.Irrigation from the Schroeder Ditch supports the park's greenbelt character - Lawns, trees, and common area that look maintained because they are. This is not a dusty highway lot. It reads as a small neighborhood that has been looked after for decades.For the investor, Mini Mansions is a straightforward, cash-flowing community with a clear path to a minimum projected 6.5% cap rate with only minor changes - currently below market rents, water/ sewer/ trash paid by owner, and capture the upside already sitting in a well-occupied, owner-occupied park. Great housing opportunity in a supply-constrained southwest Colorado market.A rare chance to buy a complete, in-town Bayfield park where the landscaping, the occupancy, and the resident ownership all tell the same story: people take care of this place.

1,172
Sq feet
1972
Built

Location

Street address
390 E Dakota Drive 1-35 Plus
Zip code
81122
Elevation
6,977 feet
Coordinates
37.2348, -107.5951

Directions

Turn right onto E Colorado Dr Turn left onto N Mountain View Dr Drive to N Dakota Dr Property on left

Property details

Acreage
4.15 acres
MLS #
CREN 839123
Posted

Details and features

Listing

Type
Commercial Sale
Franchise
Keller Williams Realty

Listing history

DateEventPriceChangeSource
Sept 16, 2026New listing$3,500,000—CREN
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This 4.15-acre property is located at 390 E Dakota Drive 1-35 Plus in Bayfield, CO 81122. The property is available for sale, priced at $3,500,000. It has a 1,172 square foot structure built in 1972.

Listed by Keller Williams Realty Southwest Associates, (970) 247-3840

Checked 2 hours agoUpdated Source

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