REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Brittany Cowan

brittany@nocohomeliving.com +1(605) 881-8263

$1,075,000

Est. payment - /mo

47,654 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 47,654 sqft

Subdivision Columbine

MLS Listing ID IRE1057908

HOA Y/N No

Year Built 1998

Annual Tax Amount $4,851

Tax Year 2025

Lot Size 1.090 Acres

Acres 1.09

Source ires

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

Community Columbine

Area Greeley/Weld

Zoning X

Rooms

Basement None

Interior

Heating None

Appliance No Units Furnished

Exterior

Utilities Available Natural Gas Available

View Y/N No

Roof Type Composition

Improvements No

Garage No

Building

Water City

Level or Stories One

Structure Type Frame

New Construction false

Schools

Elementary Schools Maplewood

Middle Schools Brentwood

High Schools Greeley 6

School District Greeley 6

Others

Acceptable Financing Cash, Conventional, VA, 1031 Exchange

Listing Terms Cash, Conventional, VA, 1031 Exchange

Special Listing Condition Private Owner

Read Less Info

Information and Real Estate Services (IRES)

Listed by Ruth Bustillos

Nearby Locations

GET MORE INFORMATION

Brittany Cowan

+1(605) 881-8263

Agent

1626 6th Greeley, CO 80631

Brittany Cowan

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

GET MORE INFORMATION