Deal terms are not currently defined. Request your own specific terms when submitting a non-binding offer.
Sunstone is pleased to present Creekside at Manitou Springs MHC for sale, located in the resort town of Manitou Springs, CO. This 43-unit, all-age community operates on city water and sewer and has been fully renovated with new roads, signage, a remodeled office, and updated single-family home and duplex. Ownership focused on restoring the property to its full potenial. The community is 86% occupied, with three available sites for added value. Two additional sites can be developed by removing trees and selecng appropriately sized homes. Further value can be captured by passing through trash costs and adjusng rents to align with expenses. Creekside at Manitou Springs is offered unpriced, as ownership is retiring and seeking a market- driven sale. All market offers will be considered—call for details.
Prime location – High-demand resort area near Colorado Springs
$385K in improvements – Roads, signage, office, and unit upgrades
Strong occupancy – 86% with room for growth
Value-add potential – Utility recapture, rent increases, and site development