High Valley Mobile Home Park Sale in Alamosa

We recently sold High Valley Mobile Home Park in Alamosa, Colorado listed at $780,000!
The property consists of twenty acres, only seven of the twenty is being used for the park. So, there are thirteen acres that could possibly be an enlargement of the existing park.
The mobile home park includes 28 spaces (one park owned) on seven of the twenty acres. Offered at an approximate 10.5% capitalization rate (with management in place), this was a good investment for anyone looking to expand their portfolio.