Woodland Meadows

1431 Walnut St, Canon City, CO 81212

Property Information

  • For Sale $2,300,000
  • Property Type Multi-Family
  • Units 42
  • Lot Size 924 Acre
  • Building Class C
  • Date Updated May 21, 2026

Description

Cañon City is located in Fremont County, Colorado, approximately 45 miles southwest of Colorado Springs and 120 miles south of Denver. With a population of roughly 17,000, it serves as the county seat and primary population hub for southern Colorado. The city benefits from its scenic setting along the Arkansas River, offering panoramic mountain views and convenient access to outdoor recreation, including rafting, hiking, and biking near the Royal Gorge Bridge and Park, one of the state’s most recognized natural landmarks. Residents enjoy proximity to downtown shops, restaurants, and medical facilities, while the city’s small-town atmosphere and access to U.S. Highway 50 and State Highway 115 provide strong regional connectivity. Cañon City’s blend of natural beauty and accessibility supports sustained housing demand among retirees and working households seeking attainable living within reach of the Front Range.Mueller & Hoffman, as exclusive agent for the owner, is pleased to present the opportunity to purchase Woodland Meadows, a 55+ manufactured housing community located in Cañon City, Colorado. The community features 93% occupancy across 42 manufactured home sites, including two park-owned homes, one currently for sale and one vacant. Ownership has invested significantly into the property, including infrastructure improvements such as replacing 20 of 42 water lines, and has maintained the community in excellent condition through ongoing road and tree maintenance. The property is serviced by municipal water, sewer, and trash, all of which are included in the lot rent. This offering provides investors the opportunity to acquire a well-established, age-restricted community with stabilized occupancy and potential income upside through filling the vacant home and lot and billing back utilities. Woodland Meadows is offered at $2,300,000, equating to a 6.59% cap rate on current income, and represents a rare opportunity to acquire a stabilized community in a supply-constrained market with strong demand for affordable senior housing in Colorado.

Contacts

Location

Located at 1431 Walnut St, Canon City, CO 81212, this property is part of the Lincoln Park neighborhood.

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