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Mobile home park trades for $7.4 million

Arapahoe County

Property Location: 6705 S. Santa Fe Dr., Littleton, “Meadowood Village MHP”

Property Description: 756-sf commercial building, YOC 1969, masonry construction, & 99-pad mobile home park

Land Size: 17.93 acres

Sales Price: $7.4M, or $74,747 per pad

Reception No.: D6083625

Closing Date: 8/1

Grantor: The Meadowood Corporation, Douglas S. Buck, VP, 3559 N. summit Ave., Milwaukee, Wisconsin 53211

Grantee: Sunset Colorado LLC, Theodore D. Fouts, mgr.

1700 Sandstone Drive, Loveland 80537

Financing: $5.21M payable to First State Bank, Division of Glacier Bank Western Bank, due 8-1-21

Comments: See APN: 2077-20-4-00-060 & 2077-29-1-00-012. Ted Fouts owns River Meadows Mobile Home Community in Montrose.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.