408 NW 8th Street Cedaredge, CO $ 1,850,000
408 NW 8th Street
$ 1,850,000
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408 NW 8th Street

Cedaredge, CO, 81413
$ 1,850,000
Bedrooms-- Baths-- Sq 10,550

Monthly Estimate*

$ 11,681

Listed by Tyler Donegan Duncan Real Estate Services, Inc.
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Commercial Property for sale in Cedaredge, CO

for $1,850,000. This 10,550 square foot building was built in 1966 on a lot size of 2.

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!

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Commercial Pending

Price

$ 1,850,000

Property Type

Commercial

Taxes

$ 613

Style

Lot Size

2

Year Built

1966

Town/City

Cedaredge

County/Region

Delta

MLS | Web ID

2317364

Features
General
Sewer Public Sewer
Utilities Electricity Connected
Roof Metal
Zoning R3
Garage Spaces 0
Year Built 1966
Tenant Pays Electricity Gas Telephone
Property Subtype Multi Family
Tax Year 2026
Current Use Residential
Gross Income 215000
Building Name Boulder Home Park
County Delta
Operating Expense 45235
Property Type Commercial Sale
Attached Garage N
Contingency None Known
Status Pending
Directions From north or south on Grand Mesa Drive take NW Cedar Avenue approximately 1/2 mile to the community on the right
City Cedaredge
Number Of Units Total 12
Lot Size Units Acres
Lot Size Square Feet 87120
Carport Spaces 0
Listing Terms Conventional
Tax Annual Amount 613
Leasable Area 10550
Standard Status Pending
Occupancy Type Tenant
Cap Rate 8.6
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Exterior
Lot Features Corner Lot Foothills Landscaped
Water Source Public
Total Parking 0
Lot Size Area 2
Park Name Boulder Home Park
Building Area Total 10550
Lot Size Acres 2
Road Surface Type Gravel
Road Frontage Type Public
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Internal Only
Street Number 1 408
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* Excluded Features
List By
Tyler Donegan Duncan Real Estate Services, Inc.

Broker

(240) 436-6432

Phone

Affordability Calculator

$11,732
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,681
Monthly Property Taxes
$51
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/15/2026$1,850,000 Listed Price

Map


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408 NW 8th Street, Cedaredge, CO, 81413 is a Commercial Property for sale at $1,850,000 with 10,550 sqft and a lot size of 2. 408 NW 8th Street was built in 1966. The property's zip code is 81413 which is in Cedaredge, CO