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1626 6th Ave, Greeley, CO, 80631

--beds
--baths
47,654sqft
$1,075,000
$23price/sqft
$10,275/moest. monthly cost
$411,000/yrincome needed

About This Home

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.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
59
BikeBikeable

Schools

2/10
3/10
Heath Middle SchoolGrades 6-81.5 mi
5/10

Construction

Condition

  • Year built: 1998

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Heating

  • Heating features: None

Interior Area

  • Total structure area: 47,654
  • Total interior livable area: 47,654 sqft

Property

Details

  • Parcel number: R0038390
  • Zoning: X
  • Special condition: Private Owner

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1.09 Acres