Property Overview
Make a higher profit by going 35 min N of Denver. 3/2 on Nearly an Acre – Fort Lupton
Straightforward deal, buy lower than average, update it, and have it back on the market in a couple of weeks.
This 3 bed, 2 bath manufactured home is fully loanable real property and it sits on a flat 0.99-acre lot. This easy flip includes two detached garages—one single-car and one oversized two-car (with a pull thru at 910 sq ft)—offering tons of space for tools, vehicles, and projects. The house has a functional 1,548 sq ft of open-concept living, dining, and kitchen in the center; primary suite with a 5-piece bath on one end; and two additional bedrooms with a full bath on the other. The home profit revolves around a cosmetic renovation—flooring, paint, kitchen, bathroom updates, and a new furnace with AC. However, the structure is solid, and the lot/garage combination is a rare find. Zoned Agricultural, there’s added flexibility for various uses, whether you’re considering a long-term rental, flip, or even an affordable live-work setup.
Why It Works
- Strong Lot Value: Nearly 1 acre of flat, usable land in Fort Lupton—a rare find with zoning that allows for agricultural use to cover those expensive eggs with a chicken coop and giant garden.
- Garage Space Value: Two detached garages, one with a full pull thru to the back yard, provide excellent storage, workshop or added rental opportunity for the space starved suburbanites.
- Simple, Functional Layout: No major floorplan overhauls needed—just cosmetic updates.
- High ROI Potential: There is high velocity because of the shortage of inventory in the area. Properties are selling for our target ARV and higher in similar condition.
Neighborhood Description
This neighborhood is zoned A for agricultural use, which gives it a lot of flexibility. The acre-sized lots make it easy for owners to tailor the space to their needs—whether that’s keeping animals, adding outbuildings, or expanding the home itself. You’ll see a mix of property types and uses throughout the area because of this zoning. Some residents go for more traditional single-family homes, while others take advantage of the space for more agricultural or hobby-focused setups. This very affordable flexibility is a big part of what draws people to this part of town.
Video Walkthrough
This property is slated for a moderate cosmetic redo with an estimated budget of $45,000. The scope of work includes hauling junk from the yard (3k) (seller will likely be taking the dumpsters and vehicles from the property). Plan to replace kitchen cabinets, add slab counters and new appliances for the $12,000 in the kitchen. Paint (3k) redo both bathrooms,(12k) upgrade some doors and flooring,($5k) replace furnace and add central AC ($8k) to be the envy of the listings here. Seller is responsible to provide you a functioning septic system that has passed the county inspection transfers.
Total Budget: $43,000
The finished product will be a 3 Bed, 2 bath fully renovated property on a large lot zoned for agricultural use with lots of garages and outbuilding flexibility.
This property has a septic system and utilizes a community water from Aristocrat Ranchette Water Project.
Closing is scheduled for 05/15/2025.
3 Bed, 2 Bath, 1,568 sq ft
15290 Dale Avenue, Fort Lupton, CO 80621 Zillow
A nearly identical match to subject property. Same 3/2 and Square Footage house, same acre sized lot sold May 2023 when interest rates were the same as they are now. Sold for $510k should peg this ARV with moderate cosmetic remodel at a conservative $500k+. More people are looking to go outside city limits to get the value and lifestyle on a normal salary, and Ft Lupton is growing because of it.
15644 Mary Avenue, Fort Lupton, CO 80621 Zillow
Sold for $480k on 1/25/25 | 3 Bed, 2 Bath, 1848 sqft
A comparable property nearby sold for $480K on January 25, 2025. It is a MUCH older manufactured home from 1992 with 3 beds, 2 baths, and 1,848 sq ft. While it is 280 sq ft larger than the subject property, this comp sold with a fully dated interior, which makes the subject property (built in 2003 and ready for a just cosmetic update) a strong candidate to way outperform it once renovations are complete. Once updated with new flooring, paint, kitchen cabinet repairs, bathroom improvements, and a new furnace, it’s positioned to easily blow past this comp price. It's a straightforward project in a market where even dated properties are commanding strong prices.
7119 Jade Street, Fort Lupton, CO 80621 Zillow
Sold for $475k on 12/2/24 | 3 Bed, 2 Bath, 1232 sqft
A 21% smaller sf comp nearby sold for $475K on December 2, 2024. This 3 bed, 2 bath manufactured home with a smaller 1,232 sq ft on a 1-acre lot and includes a similar 3-car detached garage. The interior on this comp has been updated but just painted cabinets not all new like our budget. It’s a reference point for the subject property’s potential repairs. Given the larger square footage and newer build year, there’s a clear opportunity for the $500k value here with our budgeted renovation work.
7486 Patrick Street, Fort Lupton, CO 80621 4 beds 2 baths 1,344 sqft Est. : Zillow
Active at $395k | 4 beds, 3 baths, 1344 sq ft
This old, unremodeled comp is only comparable to the as is version of our subject property. This property is from 1979, which is 30 hard years older than our subject, and does not have the normal garage that our subject property currently has. This is a property in need of a new garage plus full major remodel. It's worth less than our subject is worth right now if you put zero money in ours is still worth way more.
