1626 6th Ave Greeley, CO 80631
Estimated payment $6,142/month
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.
Listing Agent
KW Realty Downtown, LLC Brokerage Phone: 9703015724 License #100106693 Listed on: 04/30/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,851
Year Built
- Built in 1998
Lot Details
- 1.09 Acre Lot
Home Design
- Composition Roof
Interior Spaces
- 47,654 Sq Ft Home
- 1-Story Property
Schools
- Maplewood Elementary School
- Brentwood Middle School
- Greeley Central High School
Listing and Financial Details
- Assessor Parcel Number R0038390
Community Details
Overview
- No Home Owners Association
- Columbine Subdivision
Building Details
- Gross Income $118,800
- Net Operating Income $109,629
Map
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 |
|---|---|---|---|---|
| 2025 | $1,460 | $19,280 | $1,940 | $17,340 |
| 2024 | $1,460 | $19,280 | $1,940 | $17,340 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $1,075,000 | +211.6% | $23 / 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 | View Prior Sale |
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $345,000 | None Listed On Document | |
| 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 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $330,687 | FHA | |
| Previous Owner | $32,725 | Credit Line Revolving | |
| Previous Owner | $99,840 | Fannie Mae Freddie Mac | |
| Previous Owner | $99,000 | No Value Available | |
| Previous Owner | $76,000 | No Value Available |
Source: IRES MLS
MLS Number: IRE1057908
APN: R0038590
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Ask me questions while you tour the home.