$610,000
$675,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
505 Lilly Ln Sterling, CO 80751
1.86 Acres Lot
Key Details
Sold Price $610,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Bluebird Acres
MLS Listing ID 881918
Sold Date 09/30/19
Style Ranch
HOA Y/N false
Originating Board IRES MLS
Year Built 1949
Annual Tax Amount $1,782
Lot Size 1.860 Acres
Acres 1.86
Property Description
Mobile home park with 25 spaces that includes 1 stick built home. Park owns 20 homes and is carrying a note on a purchase for 1 resident. This property provides affordable housing. It has a long history of successful operation. Sterling is a hub in NE Colorado with ag, oil & gas, transportation, manufacturing supporting the local economy. County seat for Logan County. Strong medical and education community. Always strong demand for affordable housing. Excellent CAP rate.
Location
State CO
County Logan
Area Logan
Zoning MH
Direction Take I-76 E to I-76 Business/US-6 W in Sterling. Take exit 125 from I-76 on US-6 W. Take N Front St to Lily Ln. FROM Highway 14 Turn left onto S 4th St. to S Division Ave right to Park St to S 3rd Ave. right onto I- 76 Business Turn right to Lily Ln
Rooms
Basement None
Interior
Heating Forced Air
Appliance Electric Range/Oven, Gas Range/Oven
Exterior
Utilities Available Natural Gas Available, Electricity Available
Roof Type Composition,Metal,Rubber
Street Surface Asphalt
Building
Lot Description Mineral Rights Excluded, Level
Story 1
Sewer City Sewer
Water City Water, City of Sterling
Level or Stories One
Structure Type Wood/Frame,Metal Siding
New Construction false
Schools
Elementary Schools Ayres, Campbell
Middle Schools Sterling
High Schools Sterling
School District Valley Re 1
Others
Senior Community false
Tax ID 5441000
SqFt Source Assessor
Special Listing Condition Private Owner
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Bought with CO-OP Non-IRES
EWN Real Estate Group