Denver Cascade LLC Sells 382-site Manufactured Home Community In Denver For $62 Million

The property involved in this transaction is a manufactured home community consisting of 382 units located on a 48-acre site at 9650 Federal Boulevard in Denver, CO. The sale was completed for a total amount of $62,000,000, with the price per unit calculated at $162,304.

Summary of transaction details:

• Property Type: Manufactured Home
• Transaction Amount: $62,000,000
• Address: 9650 Federal Boulevard, Denver, CO
• Units: 382
• Price Per Unit: $162,304
• Seller: Denver Cascade LLC
• Brokerage: CBRE
• Broker Representatives: Erik Edwards, Jez Lawson, Myles McGinnis, Jon Shay & Norm Sangalang

This transaction was facilitated by CBRE's Manufactured Housing & RV Resorts team, representing the seller, Denver Cascade LLC. The deal involved an undisclosed buyer acquiring the property, highlighting the active market for manufactured home communities within the Denver area.