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Improved Mixed-Use Land for Sale in Cedaredge, Colorado

408 NW 8th St, Cedaredge, CO 81413

$1,850,000
2 acres
Active sale
ago
Est $9,503/mo

Great investment opportunity with this 12-Unit mobile home park. All units are park/Seller owned and 100% leased. Over the last 24+- months the 9 units and grounds were renovated. In 2026 three brand new units were added on vacant lots. $600,000 was recently invested in the renovations and in adding the new units. (original dates/ages of 9 units range from 1966-1983, albeit renovated and modernized). The in-place gross revenue of $215,000 and net operating income (NOI) of $159,000 generates an 8.6% CAP Rate. Nestled at the foot of Colorado’s Grand Mesa, Cedaredge is a charming mountain town where small-town hospitality meets breathtaking natural beauty. With its sweeping views, mild four-season climate, and rich agricultural heritage, Cedaredge offers a slower pace of life surrounded by orchards, vineyards, and scenic trails. However, it’s close to the employment centers of Grand Junction, Delta and Montrose. Listing agent is brother-in-law of Seller. Don’t miss this awesome stable investment Opp, call or email now to tour the property!

10,550
Sq feet
1966
Built

Location

Street address
408 NW 8th St
Zip code
81413
Elevation
6,238 feet
Coordinates
38.9043, -107.9331

Directions

From north or south on Grand Mesa Drive, take NW Cedar Avenue approximately 1/2 mile to the community on the right

Property details

Acreage
2 acres
Zoning
R3
MLS #
REcolorado 2317364
Posted

Property taxes

2026
$613

Parcels

  • M902676

Legal description

Details and features

Listing

Type
Commercial Sale
Subtype
Multi Family
Current Use
Residential
Unit Count
12
Terms
Conventional

Income

Gross Income
$215, 000
Operating Expense
$45, 235

Lot

Road Frontage
Public
Road Surface
Gravel
Features
Corner Lot, Foothills, Landscaped

Structure

Renovated
2026
Sewer
Public Sewer
Roof
Metal

Property utilities

CategoryTypeStatus
PowerGridConnected
SewageSewerConnected
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Aug 15, 2026New listing$1,850,000REcolorado
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This 2-acre property is located at 408 NW 8th St in Cedaredge, CO 81413. The property is available for sale, priced at $1,850,000. It has a 10,550 square foot structure built in 1966.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of Aug 16, 2026 11:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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