Otis CO Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
1,280
Status:
Active
MLS#:
3645741
Type:
Other
Lot size:
10.47 Acres
Year built:
1990
A broker reciprocity listing Courtesy: Cornerstone Brokers, LLC Stacey Martindale 970-380-3996
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ADDITIONAL INFORMATION

Exceptional investment opportunity offering steady income, privacy, and room for future growth. Nestled on 10.47 picturesque acres just outside of Otis, Colorado, this well-maintained mobile home village provides a peaceful country setting with wide-open views and a serene atmosphere that tenants love to call home.The property consists of 8 spacious lots averaging approximately one acre each. 6 Lots with Mobil Homes & 2 Lots for RV Parking. , providing residents with a rare sense of privacy and room to enjoy country living. Each lot is individually serviced with its own water, septic system, propane, and electrical hookups, minimizing shared infrastructure concerns.Included in the sale are six titled mobile homes, all currently tenant-occupied, creating immediate income potential from day one. Two additional lots are currently reserved for RV parking and offer flexibility for future use. One of these lots could be an ideal location for a new owner to place a residence and enjoy the benefits of living on-site, or it could serve as housing for an on-site manager to oversee the property.A unique and valuable feature of the community is the built-in tornado shelter located within the hillside on Lot 1, providing an added level of safety and peace of mind for residents.This attractive rural investment combines the tranquility of country living with dependable rental income, making it an excellent opportunity for investors seeking a turnkey property with expansion potential. Whether you're looking to live on-site, employ an on-site manager, or simply add a stable income-producing asset to your portfolio, this hidden gem offers a rare blend of beauty, functionality, and long-term value.

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Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Otis Real Estate

Otis is located in Colorado. Otis, Colorado has a population of 526. Otis is more family-centric than the surrounding county with 33.54% of the households containing married families with children. The county average for households married with children is 27.32%.

The median household income in Otis, Colorado is $48,500. The median household income for the surrounding county is $54,141 compared to the national median of $69,021. The median age of people living in Otis is 32.8 years.

Otis Weather

The average high temperature in July is 89.5 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 17.4 inches per year, with 29.2 inches of snow per year.

Otis Map

Otis Real Estate Market Conditions

  • Median sales price

    $452,500
    19.9%
    change since last quarter
  • # Active listings

    7
    30-day change

Otis Schools and Demographics

Education near Otis, CO

City County
High School Graduates 83.33 91.42
College Degree - 2 year 6.43 11.42
College Degree - 4 year 21.34 22.11
Graduate Degree 3.22 5.92
Expenditures per Student 16,567 16,567
Students per Teacher 10.7 10.7

Elementary Schools near Otis, CO

Grades Students P/T Ratio ZIP
Akron Elementary School PK - 08 247 13.4 80720
Kenneth P Morris Elementary School KG - 04 320 12.9 80759
Little Indians Preschool PK - PK 47 47 80759
Lone Star Elementary School KG - 05 60 7.3 80743
Otis Elementary School PK - 06 143 14.7 80743

Middle Schools near Otis, CO

Grades Students P/T Ratio ZIP
Lone Star Middle School 06 - 08 26 8.6 80743
YUMA Middle School 05 - 08 234 11.6 80759

High Schools near Otis, CO

Grades Students P/T Ratio ZIP
Akron High School 09 - 12 110 8.6 80720
Lone Star Undivided High School 09 - 12 20 3 80743
Otis Junior-Senior High School 07 - 12 83 8.8 80743
YUMA High School 09 - 12 223 11.9 80759

Demographics near Otis, CO

City County
Neighborhood Type Small Town
Population 526 4,834
Population Density 1,274 2
Median Age 32.8 41
People per Household 2.5 2.3
Median Household Income 48,500 54,141
Average Income per Capita 21,294 29,814

Real estate near Otis