Dallas company buys 3rd mobile home park in Loveland – Loveland Reporter-Herald

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A Dallas company has purchased a third mobile home community in Loveland, this time for $37 million.
Colonial Investors LLC, a California company that lists a Loveland address of 1492 Sunset Place, sold the property to an entity that purchased the property using CH Realty IX Legacy MHC Denver Sunset Park LP as the legal name. The transaction occurred July 14. Two property addresses were listed in Larimer County records, 1700 Sandstone Drive and 1447 Sunset Place. Records show that 125 units are involved.
The Dallas company previously purchased two other mobile home properties. In April, the company bought the 108-unit Aspen Ridge Manufactured Home Community, which is adjacent to the Sunset Park complex. It paid $22.25 million for that property. Then, in June it bought the Lago Vista mobile home park at 420 E. 57th St. for $45.5 million. Lago Vista has 299 units.
​​This article was first published by BizWest, an independent news organization, and is published under a license agreement. © 2022 BizWest Media LLC.
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