1626 6th AVE, Greeley, CO 80631
1626 6th AVE, Greeley, CO 80631
1626 6th AVE, Greeley, CO 80631
1626 6th AVE, Greeley, CO 80631
1626 6th AVE, Greeley, CO 80631
1626 6th AVE, Greeley, CO 80631
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$ 1,075,000
Est. payment | /mo

47,654 SqFt


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$ 1,075,000
Est. payment | /mo
Save

47,654 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 47,654 sqft

Price per Sqft $22

Subdivision Columbine

MLS Listing ID IR1057908

HOA Y/N No

Year Built 1998

Annual Tax Amount $4,851

Tax Year 2025

Lot Size 1.094 Acres

Acres 1.09

Source recolorado

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

Interior

Fireplace N

Exterior

Utilities Available Natural Gas Available

Roof Type Composition

Building

Water Public

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Maplewood

Middle Schools Brentwood

High Schools Greeley Central

School District Greeley 6

Others

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, VA Loan

REColorado (REColorado MLS)
Listed by KW Realty Downtown, LLC
Nearby Locations

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Morgan Jansen
Morgan Jansen

Owner & Licensed Realtor | FA.100076714

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1626 6th AVE