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REIT acquires 69-acre ‘Jellystone Park’ in Douglas County for $7.42M

Douglas County

Property Location: Interstate 25, south of Tomah Road at Exit 174,

650 Sky View Lane, Larkspur, “Yogi Bear’s Jellystone Park”

Property Description: 2,004-sf retail building, YOC 1967; 490-sf retail building, YOC 1967; 1,960-sf house, YOC 1971, brick/frame; 1,120-sf house, YOC 1972

Land Size: 68.97 acres

Sales Price: $7.42M, or $2.47 per sf

Reception No.: 2016076032

Closing Date: 10/17

Grantor: Bear View LLC, Ian I.W. Steyn, mgr.

Grantee: Sun Jelly-Larkspur CO RV LLC, c/o Sun Communities Inc., Jonathan Colman, EVP, jcolman@suncommunities.com or 248-208-2500

Comments: See APN: 2607-160-00-006, 2607-160-00-007, 2607-160-00-008, 2607-160-00-014. Property is visible at Tomah Road, Exit 174, southbound on Interstate 25 and has been used as campground and RV Park for many years.

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.