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$ 1,075,000
Est. payment /mo
Pending
1626 6th AVE Greeley, CO 80631
1.09 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Listing Status Pending
Purchase Type For Sale
Subdivision Columbine
MLS Listing ID IR1057908
HOA Y/N No
Year Built 1998
Lot Size 1.094 Acres
Acres 1.09
Property Description
This investment opportunity offers a strong, stabilized income-producing asset located in the heart of Greeley. The mobile home park consists of approximately 15 units with long-term tenants, many of whom have occupied the property for years, providing consistent rental income and low turnover. The property generates approximately $118,800 in annual rental income with a net operating income of around $107,229, resulting in an attractive cap rate of 9.9%. This makes it an ideal option for investors seeking immediate cash flow and long-term stability.In addition to its current income, the property sits on approximately 1.09 acres in a rapidly growing area near downtown Greeley, just blocks from UNC, restaurants, and major employers. With continued city growth and increasing property values, this asset presents strong upside potential for future redevelopment, rent increases, or repositioning. Whether maintaining it as a cash-flowing mobile home park or exploring alternative uses, this property offers both stability and growth potential for investors.
Location
State CO
County Weld
Zoning X
Rooms
Basement None
Exterior
Utilities Available Natural Gas Available
Waterfront Description Public
Roof Type Composition
Private Pool No
Building
Story One
Water Public
Schools
School District Elementary: Greeley 6, High: Greeley 6
Others
Tax ID R0038390
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byKW Realty Downtown, LLC
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