Investors and Developers See New Potential in Leadville
According to an article in the Denver Post, the small mountain town of Leadville, CO is seeing an influx of interest from second-home buyers, investors and developers, eager to take advantage of the sleepy mountain town’s low property prices.
A Japanese investment group last summer spent $13.5 million on Leadville’s 162-unit Eagle Nest apartment complex — one of the largest on the Western Slope. Last fall a Missouri developer bought 40 acres in downtown Leadville’s old rail yard, with plans to build a 250-residence village blending commercial, retail, apartments and single-family homes.
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