2697 CO RD Multifamily
  • Asking Price
    $3.9MAsking Price
  • Built
    1977Built
  • City
    EmpireCity
  • Total Units
    38Total Units

Description

CLEAR CREEK MHP COLLECTION is a for-sale multifamily offering comprising Western Inn MHP at 2697 CO RD and Empire Junction MHP at 275 Junction Loop Road in Empire, CO. Empire Junction is 100% occupied, establishing an in-place income component for the collection.

For a manufactured housing investor, the two communities offer distinct operating profiles. Western Inn is 80% occupied, while Empire Junction, built in 1977, is 100% occupied. The properties draw income from tenant-owned home lots alongside apartment and single-family rentals; Empire Junction also has a rent-to-own contract. That mix gives a buyer more than one source of rental income, while the difference in occupancy gives each community a separate role in the investment.

The communities sit in Clear Creek County along the I-70 mountain corridor. Western Inn is adjacent to US-6 and Clear Creek, with I-70 access minutes away. From the collection’s location, Idaho Springs and Georgetown are each 10 minutes away, Loveland Ski Area is 15 minutes away, and downtown Denver is 45 minutes away. Those connections put local destinations and the broader corridor within reach of residents across both properties.

The combined asking price is $3,850,000. A buyer acquires an occupied Empire Junction alongside Western Inn, where the existing rental mix and lower occupancy create a different management focus. The distinction matters for underwriting: each community has its own occupancy position and income sources, rather than a single operating profile across the collection. Review the Offering Memorandum in the Offering Materials for the investment opportunity.

Offering Summary

  • Asking Price
    $3,850,000
  • Property Type
    Multifamily
  • Properties
    2
  • Built
    1977
  • Total Acres
    ~10.59 ac

Documents

Property Address

2697 CO RD
Empire, CO 80438
275 Junction Loop Road
Empire, CO 80438

Property Details

  • Property Type
    Multifamily
  • Total Units
    38
  • Occupancy
    80%

Deal Team

David Barocas profile image

David Barocas

Senior Advisor
Pinnacle Real Estate Advisors
Andy Monette profile image

Andy Monette

Vice President
Pinnacle Real Estate Advisors
Corey Sandberg profile image

Corey Sandberg

Vice President
Pinnacle Real Estate Advisors