Denver-Area Mobile Park grants Freddie Mac a $ 12 million loan

Park of mobile homes in the village of St. Vrain. Image via Google Street View

Vrain Village Mobile Home Park in Longmont, Colorado was traded for $ 20.4 million, BizWest reported. According to public records, Berkadia originated a $ 11.7 million loan to acquire Freddie Mac for the buyer, an Arizona-based investor. FollettUSA sold ownership of 136 sites after previously buying the asset in 2017 for $ 11.5 million.

Located at 446 S. Francis St., the community is less than a mile from public transportation and numerous shops and restaurants. Additionally, the resort is close to local attractions such as Golden Ponds Park, the Firehouse Art Center, and the Dougherty Museum. Completed in 1968, …

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