131 Windy Gap Loop
Property Description
Pinnacle Real Estate Advisors is pleased to present the opportunity to acquire Arapahoe Mobile Home Park, a 14-pad manufactured housing community located along Colorado's I-70 mountain corridor in Empire, Clear Creek County. All homes are tenant-owned, so an incoming owner assumes no park-owned home liability and benefits from a low-CapEx operating model. The property offers an immediate, stabilized yield a 6.55% as-is cap rate backed by documented T12 income. Below-market lot rents provide a clear, near-term path to additional value, with stabilized market income representing a nearly 31% increase over current in-place NOI.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | MHC & RV Community |
| Price: | $1,400,000 |
| No. of Units: | 14 |
| Lot Size: | 0.93 Acres |
| Opportunity Zone: | No |
| Price per unit: | $100,000 |
| Property Website | Click Here |
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