Muddy Creek Village

Funded

2023

Status

Completed & Stabilized

Project

Muddy Creek Village represents a 32-unit employee housing community master leased to a subsidiary of one of the world’s largest mining companies. The property includes a single-family home, 10 log cabins, and 21 newly added park model homes installed in 2024. The recently completed development supplies critical workforce housing to Colorado’s $7 billion dollar mining industry at a time when many employers are struggling to maintain employees due to housing shortages.

Categories
  • Workforce Housing
  • Extended Stay
  • STNL

Attainable employee housing for notable
regional employer

Previously operated as a hospitality property offering nightly rentals for Kremmling’s year-round recreational visitors, Muddy Creek Village has been reimagined to meet a critical workforce housing need. Fortius Capital, recognizing the affordable workforce housing shortage, obtained a special use permit from the Town of Kremmling, added 21 park model homes to the property, and master leased all 32 units to a BBB rated master tenant for five years with renewal options for an additional five years.

The new Muddy Creek Village offers 32 rooftops.

Addressing a housing shortage

Tourism-driven economic booms and surging real estate prices, fueled by high demand from seasonal visitors and strategic investors, have made housing unattainable for many local workers.
Muddy Creek Village represents a strategic investment in workforce housing, tailored to meet the demands of Colorado’s essential mining industry while addressing the broader regional housing shortage.

Turn-key
rental rooftops

Fortius' strategic plan focused on expanding upon the property’s current use, enhancing community appeal by adding modern amenities, growing accommodations, streamlining guest services, and creating a harmonious natural park atmosphere.
Acquisition

Fortius purchased the 7.75-acre vacation cabin rental property in 2023.

Asset Expansion

Added 21 new 400 SF park model cabins in 2024.

Existing Improvements

Consisted of 10 1 BR / 1 BA cabins, a laundry facility, common pavilion & 3 BR / 3 BA residence.

Turn-Key Experience

Offers furnished cabins with essential amenities, including electronics, bedding & kitchenware.

Experience a virtual tour anywhere, anytime

Digitally walk a finished park model at Muddy Creek Village.

Start Now

Related projects