Longmont mobile home park sells for $20M

LONGMONT — The St. Vrain Village Mobile Home Park was recently scooped up by an Arizona-based company for $20.35 million, Boulder County property records show. 

St. Vrain MHP LLC, an entity registered to the Tempe, Arizona address of Park Management Inc., bought the property at 446 S. Francis St. from St. Vrain Investors LLC, a affiliate of California-based mobile home real estate investment firm FollettUSA Inc.

The 16.6-acre park near the St. Vrain Creek has 139 spaces. 

St. Vrain Village was hit hard by flooding in 2013 with about 30 mobile homes sustaining water damage.

According to a Longmont Times-Call report from October…