Circle N & River Bend MHP

22 total sites, including 19 tenant-owned home lots, 2 RV spaces, 1 staff housing unit, and 1 vacant site. The property also includes a 10-space seasonal RV park.Pinnacle Real Estate Advisors presents 910 Water St. — an exceptional opportunity to acquire Circle N MHP and River Bend RV Park, a unique combination of manufactured housing and seasonal RV income in Meeker, Colorado. The property includes 19 tenant-owned home lots, two long-term RV spaces, staff housing, and 10 seasonal RV spaces, along with approximately 8 acres offering dual river access. Located in a supply-constrained affordable housing market with limited competing inventory, the property offers strong current occupancy and multiple avenues for value creation. 910 Water St. generates $64,943 in current annualized NOI at a 5.11% cap rate, with projected stabilized NOI of $121,679 at a 9.58% cap rate through lease-up, rent optimization, management efficiencies, and increased RV Park income.