$224,500
La Veta, CO 81055
MLS# 24-491
Status: Closed
6 beds | 4 baths | 2726 sqft
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Property Description
INVESTORS! This is your opportunity to own an ideal investment property in the charming town of La Veta, Colorado where Rentals are at a premium. These are three manufactured homes, with long standing occupancy and Under Market Rents with Cash Flow. All are two bedroom homes, with newer roofs, and windows along with nearly a half acre of land, shade trees and grass. The approx 20 yr old 2 Car garage can be rented to the tenants or others. Located on the edge of town, just west of the Cucharas River and walking distance to the Colorado Creative District town of La Veta, Town Park, La Veta Inn, Stianos Restaurant, Local Brewery, Music Venues, Grocery Store, Post Office and amazing art galleries Downtown. There are many possibilities here, with potential Seller Financing come take a look!
Details
Full Address
House Number: 231
Street Direction Pfx: W
Street Name: Ryus
Street Suffix: Ave
State/Province: CO
Postal Code: 81055
County: Huerfano
Subdivision: La Veta Addition
Listing Info
Current Price: $200,000
Begin Date: 2024-05-26
Sold Price: $200,000
Earnest Money Due: 5000
Ernst Money Pay To: Title Company
Property Sub Type: Mobile Home
Possession: Negotiable
Comments
Public Remarks: INVESTORS! This is your opportunity to own an ideal investment property in the charming town of La Veta, Colorado where Rentals are at a premium. These are three manufactured homes, with long standing occupancy and Under Market Rents with Cash Flow. All are two bedroom homes, with newer roofs, and windows along with nearly a half acre of land, shade trees and grass. The approx 20 yr old 2 Car garage can be rented to the tenants or others. Located on the edge of town, just west of the Cucharas River and walking distance to the Colorado Creative District town of La Veta, Town Park, La Veta Inn, Stianos Restaurant, Local Brewery, Music Venues, Grocery Store, Post Office and amazing art galleries Downtown. There are many possibilities here, with potential Seller Financing come take a look!
Hot Sheet Comment: new
Home Info
SqFt Above Grade: 2726
Total SqFt: 2726
Year Built: 1963
Stories: 1
Total Rooms: 18
Total Bedrooms: 6
Total Full Baths: 4
Total Bathrooms: 4
Garage Type: Detached
Garage Stall: 2
Lot Info
Lot Acres: 0.43
Zoning: Mobile Home Residential
Public Record
Taxes: 86
Tax Year: 2023
Tax ID Number: 533485, 533486, 5120391, 5124081
Legal Description: Lots 8-12 Block 3 La Veta Add
Status Change Info
Status: Closed
Under Contract Date: 2025-01-31
Sold Date: 2025-03-03
Sold Price: $200,000
Financing: Cash
Outside Buildings
Other: Car Port
Property Features
Construction Type: Mobile Home Pre1976
Exterior: Off-Street Parking; RV Parking
Windows: Vinyl
Flooring: Carpet; Vinyl
Roofing: Composition Shingles; Metal
Heating: Forced Air; Gas; Hot Water Baseboard
Cooling: Window Unit(s)
Water Heater: Electric
Appliances: Dryer, Electric; Refrigerator; Washer
Outside Buildings: Shed(s)
Lot Description: Irregular Lot
Landscaping: Garden Area; Lawn; Trees
Topography: Flat
Road: Paved
Gas: Propane
Restrictions: No
Supplements
Current rents are below market rate and that there is significant upside potential. One unit is month to month (unit 2) the other two are annual leases. Unit 1 1972 General (yellow house) Has title 840 sq ft. Unit 2 1963 Marlette (green house) Purged 1222 sq ft. Unit 3 1973 Champion (brown house) Has title
720 sq ft. The roofs are approx. 4 years old and the windows are approx 7 years old at this time. Some appliances belong to the tenants. All of the washers and dryers belong to the tenants. Unit 2 occupant owns the refrigerator and the 8 x 8 storage shed east of that trailer. Seller owns all the other appliances and sheds.
Listing Office: Bachman & Associates
Listing Agent: Daniel Kiick
Last Updated: April - 05 - 2025
Information deemed reliable but not guaranteed.