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Contact Information

Mobile Home Park Details

  • Price: $775,000
  • Cap Rate: 6.2% (Actual)
  • Listing ID: 7080579
  • Posted On: Sep 11, 2026
  • Updated On: Sep 15, 2026

Description

Pinnacle Real Estate Advisors presents 1325 Market St. — a 17-unit manufactured housing community in Meeker, Colorado, offering a diversified mix of 8 tenant-owned home lots, 4 park-owned homes, 4 RV spaces, staff housing, and vacant units. The property provides multiple sources of residential income and benefits from Meeker’s supply-constrained affordable housing market, where limited competing inventory supports continued demand for workforce housing.

River View MHP currently generates $48,180 in annualized NOI at a 6.22% cap rate, with a clear path to $61,646 in stabilized NOI at a 7.95% cap rate. The property offers near-term upside through lease-up of vacant units, bringing existing rents toward market levels, and optimizing management and operating expenses.

Location

17 total sites including 8 tenant-owned homes (TOH), 4 park-owned homes (POH), and 4 RV spaces, plus 1 staff housing unit. The property includes 4 vacant spaces, providing additional occupancy and income potential.

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Park Information

Total Occupancy: 59.0 %

Financial Information (Actual)

Net Operating Income: $48,180

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