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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