$1,350,000

1626 6th Ave Greeley, CO 80631

Estimated payment $7,817/month

Total Views 3,387
-- Bed
-- Bath
1,000 Sq Ft
$1,350 Price per Sq Ft

Highlights

  • No HOA
  • No Heating
  • 1-Story Property

About This Home

Prime Investment Opportunity - Mobile Home Park Near Downtown Greeley Investor alert! This 15-lot mobile home park sits on 1.09 acres in the heart of Greeley, just two blocks from downtown 8th Ave and only minutes from UNC. With two trailers included and current lot rents at $550/month, there is ample room for rent increases, making this a fantastic income-producing property or redevelopment opportunity in a rapidly growing area. Property Highlights: Lot Size: 1.09 acres Lots: 15 (2 trailers included) Current Rent: $550 per lot (potential for increase) Cap Rate: 6.5% Asking Price: $1,350,000 Zoning: Commercial income propertyDowntown Greeley has experienced significant growth and is poised for continued expansion, making this an excellent opportunity for investors looking to capitalize on future development or generate strong rental income. The park is being sold as-is, and financials are pro-forma, based on historical data and future estimates. Due Diligence Required - Buyers should verify all information independently. Don't Miss Out on this "Unicorn Property"!NOTE: Address is 1626 1/2 6th ave Greeley, Co 80631

Listing Agent

Ruth Bustillos

KW Realty Downtown, LLC

KW Realty Downtown, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,387

Year Built

  • Built in 1998

Lot Details

  • 1.09 Acre Lot
  • The property's road front is unimproved
  • Dirt Road

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property

Schools

  • Maplewood Elementary School
  • Heath Middle School
  • Greeley Central High School

Additional Features

  • Mineral Rights Excluded
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number R0038390

Community Details

Overview

  • No Home Owners Association
  • Columbine Subdivision

Building Details

  • Gross Income $99,000
  • Net Operating Income $88,893

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,387

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Year Built: 1998
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 1.09
  • Road Surface Type: Road Improvement Needed, Dirt
  • Subdivision Name: Columbine
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Mobile Homes
  • Private Spa: No
  • Has Basement: None
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Lot Features: Mineral Rights Excluded
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Heating: None
  • Utilities: None
  • Heating Yn: No
  • Water Source: City Water, City of Greeley

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Maplewood
  • HighSchool: Greeley Central
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Heath

Lot Info

  • Zoning: X
  • Lot Size Sq Ft: 47654
  • Parcel #: R0038390
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Water

Multi Family

  • Annual Gross Income: 99000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 10107

Tax Info

  • Tax Annual Amount: 3387

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,393 $20,910 $2,420 $18,490
2023 $1,393 $21,110 $2,440 $18,670
2022 $1,459 $16,730 $1,900 $14,830
2021 $1,506 $17,220 $1,960 $15,260
2020 $1,369 $15,700 $2,950 $12,750
2019 $1,372 $15,700 $2,950 $12,750
2018 $945 $11,410 $1,670 $9,740
2017 $950 $11,410 $1,670 $9,740
2016 $734 $9,920 $1,560 $8,360
2015 $731 $9,920 $1,560 $8,360
2014 $459 $6,080 $620 $5,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 For Sale $1,350,000 +291.3% $1,350 / Sq Ft
08/01/2022 08/01/22 Off Market $345,000 -- --
04/19/2022 04/19/22 Sold $345,000 -2.8% $184 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $355,000 0.0% $190 / Sq Ft
03/03/2022 03/03/22 Price Changed $355,000 +5.0% $190 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $338,000 -- $181 / Sq Ft
Source: IRES MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Special Warranty Deed $38,500 Security Title
Trustee Deed -- None Available
Warranty Deed $124,800 Security Title
Warranty Deed $110,000 --
Warranty Deed $76,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $32,725 Credit Line Revolving
Previous Owner $99,840 Fannie Mae Freddie Mac
Previous Owner $24,960 Stand Alone Second
Previous Owner $99,000 No Value Available
Previous Owner $76,000 No Value Available
Source: Public Records

Source: IRES MLS

MLS Number: 1028685

IRES MLS

APN: R0038590