460 E Colfax Avenue
Bennett, CO, 80102 $ 2,735,000
Bedrooms-- Baths-- Sq 16,150 Monthly Estimate*
$ 17,063
Listed by Coldwell Banker Realty 24
for $2,735,000. This 16,150 square foot building was built in 1940 on a lot size of 1.32.
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 8.49% year over year, as of September 30, 2025 T12. 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. Bennett Homes: 13-Unit Manufactured Home Community: • In-Place Cap Rate: 6.57% • Pro Forma Cap Rate: 7.35%+ (including professional management) 460 E Colfax Avenue: • Additional Land Value with water tap & 1940's structure. Total Price: $2,735,000.
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FeaturesGeneralSewer Public Sewer
Utilities Electricity Connected Internet Access (Wired) Natural Gas Connected
Possession Subject To Tenant Rights
Zoning Commercial
Garage Spaces 0
Exclusions Tenant`s Personal Property
Year Built 1940
Electric 220 Volts
Tenant Pays Electricity Gas Internet Water
Stories Count 1
Property Subtype Multi Family
Tax Year 2023
Current Use Commercial Mixed Use Multi-Family Office Retail
Building Name Bennett Homes & 460 E Colfax Ave
County Adams
Property Type Commercial Sale
Attached Garage N
Status Active
City Bennett
Number Of Units Total 14
Lot Size Units Acres
Lot Size Square Feet 57499.2
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 7450
Leasable Area 14950
Structure Type Free Standing
Standard Status Active
Occupancy Type Tenant
Cap Rate 7.35
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ExteriorParking Features Concrete
Water Source Public
Total Parking 26
Lot Size Area 1.32
Park Name Bennett Homes
Building Area Total 16150
Lot Size Acres 1.32
Road Surface Type Paved
Road Frontage Type Public
Number of Pads 13
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* Excluded FeaturesList ByColdwell Banker Realty 24Broker
Affordability Calculator
- Monthly Principal & Interest
- $17,063
- Monthly Property Taxes
- $621
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Bennett, CO
Average List Price $2,735,000
Percent of Sale Price 0%
About Bennett, CO 2,466 Population
10% Since 2002
$ 55,271 Median Income
37.18 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/10/2024 | $2,735,000 | | Listed Price |