Description

MEEKER MOBILE HOME PARK COLLECTION is offered for sale in Meeker, Colorado, with a $3,350,000 asking price. The collection brings together manufactured housing communities and an RV park, giving a buyer income from several housing formats rather than a single property.

At 910 Water Street, Circle N MHP and River Bend RV Park include 22 units, with 95% occupancy for the property. Tenant-owned-home lots, long-term RV spaces and seasonal RV spaces give this portion of the collection distinct sources of income. The broader offering also includes park-owned homes and apartments. For an investor, that mix makes day-to-day operations and the treatment of each income stream central to the acquisition.

The properties sit in Meeker near the White River. River Bend includes acreage with dual river access, a feature that distinguishes it from the residential lots and spaces elsewhere in the collection. The Meeker Recreation Center, Pioneers Medical Center and White River Museum are local landmarks. The addresses on Water Street and Market Street place the assets within the same community, allowing a buyer to approach them as a coordinated operation while accounting for their different property types.

The $3,350,000 asking price is paired with $331,222 in stabilized NOI and a 9.89% stabilized cap rate for the collection. The operating plan focuses on lease-up of vacant and underutilized units and changes to management and administrative costs. Those steps give the buyer a defined path to examine alongside current operations, without treating stabilized performance as income already in place. See the Offering Memorandum in the Offering Materials.