River View MHP

1325 Market St, Meeker, CO 81641

Property Information

  • For Sale $775,000
  • Property Type Multi-Family
  • Units 17
  • Lot Size 1.97 Acre
  • Building Class B
  • Date Updated Sep 18, 2026

Description

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.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.

Contacts

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