Photo of Manufactured Home Community

Mobile Home Park Details

Distressed: This property is in default, REO or in foreclosure.
Purchase Method: Cash, New Loan
Listing ID: 471014
Posted On: Sep 17, 2014
Updated On: Nov 11, 2015

Description

• $500,000 Opening Bid

• REO AUCTION THROUGH AUCTION.COM - AUGUST 17-19, 2015.

• Opportunity to acquire a large, all age, REO RV Resort with public utilities in the largest city in Western Colorado.

• Excellent turnaround potential; new management has successfully improved occupancy by upgrading the condition and improving the Good Sam and AAA ratings.

• New management also installed free wi-fi at all the sites, improved tenant relations, and is making upgrades to the curb appeal.

• Potential to realize substantial returns by continuing to improve transient performance capturing more seasonal workers to provide stability during the winter months.

• Amenities include tent sites with water and electricity, a covered patio (seats 36 for community events), laundry room, dog run, playground, grocery store with RV supplies, BBQ grills, a heated pool, shuffleboard, horseshoes and volleyball.

• Each site features concrete pads, free wifi access, picnic tables, and access to clean showers and restrooms.

• Appealing low density layout with mature landscaping and large shade trees that offer a peaceful atmosphere for tenants.

Location

• RV Ranch at Grand Junction boasts a tremendous location off of Interstate 70 Business Loop, which cuts through the center of the city.

• With over 145,000 people in the MSA, Grand Junction lies at the intersection of the Colorado and Gunnison rivers and is the regional hub for business and tourist activity in the western half of Colorado.

• Providing convenient access to Interstate 70, the resort is an ideal destination for RV travelers traversing the Rockies.

• The Grand Valley is home to 20 wineries, popular farmers markets, and lively festivals, including the Country Jam Music Festival, Palisades Peach Festival, Downtown Art & Music Festival, and Grand Junction Film Festival.

• Convenient access to all the activities the Rocky Mountains have to offer including scenic golf courses, world class mountain biking, hiking, fishing, and snow skiing.

• Close proximity to both Grand Mesa, the largest flat-topped mountain in the world holding over 300 pristine lakes, and Colorado National Monument, known for its spectacular red rock buttes and spires.