White River MHP

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.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.