Located in Clifton, Colorado encompassing 2.44 total acres, this property is a prime development project for medium density housing. With preliminary meetings with the City of Clifton, the property has had preliminary approval for being the site of up to a maximum of 12 mobile homes on the 2.44 acres. Currently there is one mobile built in 1988, that's 3 bedrooms, 2 bathrooms, and 1,216 square feet on the property, accompanied by a 24x24 2-car garage.
Located along E road, utilities are on the southern boundary of the property, with many utilities already brought in to the mobile home and garage. Electric, natural gas, sewer, and water are all on site. It's unknown the size of the utility lines into the property currently, but there is a large sewer line that runs directly through the middle of the property, which the city has an easement for.
Property is currently zoned RMF-8 which is residential multi family district. This zoning allows for maximum 8 units per acre, and with the meetings the seller had with the city, they allowed for a total of 12 mobiles on the 2.44 acres.
Currently, neighboring mobile sites are renting for $525 per month for a mobile location. With up to 12 mobile sites available, once infrastructure and permitting is completed, the property could easily gross $75,000/year. This property has been priced under completed value to incorporate infrastructure and permitting costs.
On the Northern boundary is the Grand Valley irrigation Canal, which provides the property 2 shares of water. This is more than enough to irrigate two acres of the property for future irrigation use.
With the utilities, approvals, and density allotment of the city, this is also an ideal candidate for a Grand Valley area RV park or long term RV park rental site.