Contact Information
Corey Sandberg
Mobile Home Park Details
- Price: $1,305,000
- Cap Rate: 6.1% (Actual)
- Listing ID: 7080574
- Posted On: Sep 11, 2026
- Updated On: Sep 11, 2026
Description
Pinnacle Real Estate Advisors presents 908 Market St. — a well-established 26-unit manufactured housing community in Meeker, Colorado, featuring 15 tenant-owned home lots, 8 park-owned homes, and 3 apartments. The property offers a diversified residential income stream with public water, sewer, electric, and gas utilities paid by tenants, and benefits from its location within Meeker’s supply-constrained affordable housing market.
White River MHP is currently 100% occupied and generates $80,144 in current annualized NOI at a 6.14% cap rate, with a clear path to $147,897 in stabilized NOI at an 11.33% cap rate. Upside is driven by bringing TOH and POH rents toward projected market levels, optimizing management expenses, and improving overall operating efficiency.
Location
Mobile home park situated on a well-located parcel in Meeker, Colorado. The property offers an established residential use with convenient access to downtown Meeker, local amenities, and outdoor recreation.
Park Information
| Total Occupancy: | 100.0 % |
Financial Information (Actual)
| Net Operating Income: | $80,144 |