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William Watson

bill@watsonrg.com +1(720) 463-0002

$1,075,000

Est. payment - /mo

1.09 Acres Lot

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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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Listed byKW Realty Downtown, LLC

Nearby Locations

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

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1626 6th AVE Greeley, CO 80631