$1,075,000

Single Family Detached Greeley

  • 47,654 Sqft
  • 1.1 Ac lot
  • Updated: September 9
  • MLS#IR1057908

About the Property

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 aro
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.
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  • Property type

    House

  • Year built

    1998

  • Price/sqft

    $22

Explore the Area

1626 6th Avenue, Greeley, CO 80631, Colorado, United States View on Google Maps
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Denver Downtown

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Denver Downtown
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2022
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Denver Downtown
Denver Downtown
917 Auraria Pkwy, 80204, Denver, United States
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Last updated
September 9
First listed
May 1
Agent licence
#100106693
Listing reference
2110592838106910
Listing status
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