DENVER, Sept. 29, 2015 /PRNewswire-iReach/ — Caddis Capital Investments LLC (CCI), with a charter to provide private investors with exclusive access to unique, income-producing investments, is pleased to announce the closing of a $7.725 million portfolio that includes Chancellor’s, a 121-unit manufactured home community in Fountain, CO and Woodland, a 75-unit manufactured home community in Woodland, WA. CCI utilized Trico Fund III, its current investment vehicle, to acquire this portfolio of real estate assets.

Photo – http://photos.prnewswire.com/prnh/20150929/271739

Caddis Capital Investments worked exclusively with one of the world’s largest structured finance companies, with $240 billion in assets under management, to orchestrate these commercial mortgage backed securities. “We could not be more excited to add Chancellor’s and Woodland to our Trico Fund III portfolio,” said Tery Larrew, founder and managing partner at Caddis Capital Investments. “I’ve followed the Chancellor’s asset for many years and affordable housing is a rare commodity in the greater Colorado Springs market. In addition, Woodland is a wonderful setting and the Vancouver MSA is prime for this type of product with a thriving eco-system for baby-boomers who are passionate about pursuing their retirement goals. “

Chancellor’s is nestled adjacent to Interstate 25 in the heart of Fountain, Colorado on 18 acres, immediately south of Colorado Springs, the state’s 2^nd largest city, 10 minutes southeast of Fort Carson and 65 short minutes from Denver. The property is specifically designed to enhance the lives of the families that reside in this wooded enclave with a playground and breathtaking views of Pikes Peak and the Sangre de Cristo mountain range. The area is home to many federal government agencies and vibrant tourist attractions including the United States Olympic Committee, the world-famous Broadmoor Hotel and the United States Air Force Academy. The region’s largest private employers include Lockheed Martin, Progressive Insurance and Hewlett-Packard.

Woodland is a quaint community located on 7 acres of riverfront property in the Northern Vancouver, WA suburb that shares its name. The area is known as the gateway to Mount St. Helens and residents in this community enjoy sweeping, unobstructed views of the Lewis River. As a result, most of the homes include fishing docks to take advantage of this priceless setting. Woodland sits just one mile from Interstate 5 and includes a wide range of amenities to create an ideal community for residents to live, fish, hike and play, including a large clubhouse with a rec room, cozy library, showers and laundry facilities.

“We were honored to work with a world-class team to acquire these best-in-class assets,” said Rhett Trees, an equity partner at Caddis Capital Investments. “We are closing our current investment vehicle, Trico Fund III, to new investments on September 30^th so we feel honored to include Chancellor’s and Woodland in the Caddis Capital Investments family of manufactured home communities.”

There are a handful of park-owned homes available for rent in each community and most of the residences are fully outfitted with modern appliances, hardwood style laminate flooring, washer and dryer hookups and more. Each property employs dedicated on-site management to ensure a safe, clean community including timely community maintenance.

For more information, please visit:

Chancellor’s Manufactured Home Community

800 South Santa Fe Avenue

Fountain, CO 80817

(719)382-1130

Woodland Manufactured Home Community

39100 NW Pacific Highway

Woodland, WA 98674

(360)225-7469

ABOUT CADDIS CAPITAL INVESTMENTS:

Caddis Capital Investments (CCI) is an actively managed, diversified investment firm providing investors with exclusive access to unique, income-producing vehicles via long-term relationships with the company principals, Tery Larrew and Rhett Trees. Their fundamental thesis is to assemble a diversified portfolio of low-risk, high cash-flow assets with the goal of delivering capital preservation, consistent quarterly cash-on-cash income paired with equity growth. CCI achieves this objective by acquiring, then adding-value or repositioning under-valued, mismanaged, sub-performing or improperly capitalized income producing assets. As a result of this strategy, CCI offers a variety of investment vehicles for a wide spectrum of investors. CCI is headquartered in Littleton, CO with a satellite office in Scottsdale, AZ. To learn more, please visit: www.caddiscapitalinvestments.com.

Media Contact: Rhett Trees, Caddis Capital Investments, 303-888-2826, rtrees@caddiscapitalinvestments.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Caddis Capital Investments