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Source Home Group

admin@sourceofhome.com +1(970) 528-0604

$1,075,000

Est. payment - /mo

1.09 Acres Lot

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Key Details

Property Type Single Family Home

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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Listed byKW Realty Downtown, LLC

Nearby School & Business

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Source Home Group

+1(970) 528-0604

Agent FA.100072314

1626 6th AVE Greeley, CO 80631

Source Home Group

Key Details

Location

Rooms

Exterior

Building

Schools

Others

Nearby School & Business

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