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MHP/MHC
2040 4th Ave, Greeley, CO 80631, USA
$3,000,000.00
Greeley MHP
Property Description
Property Overview
- Total Units: 20
️ 1 Tenant-Owned Home (TOH) @ $550/month
17 Park-Owned Homes (POH) renting between $1,500–$1,900/month
1 3,000 sq ft stick-built home (occupied by manager)
1 Separate basement apartment - Water & Street Lights: Included in rent
- Electric & Gas: Direct billed to tenants
- Total Monthly Gross Income: $24,000+
Annual Gross Income: ~$280,000
Operating Expenses
- Water: $20,000–$23,000
- Trash: $7,000
- Electric: $5,500
- Insurance: $5,700 (mobiles) + $2,600 (manager home)
- Taxes: $5,909
Additional Income
- Mineral Rights Included: Historically produced ~$60K/year; currently ~$400–$500/month
- 2024 Additional Income: $5,600 from minerals
Financial Overview
- Asking Price: $3,000,000
- Strong cash flow from POHs and rental units
- All units are owned and rented by seller except for 1 TOH
- Low operating costs with strong upside via rent growth and operational efficiencies
Investment Highlights
I’m pleased to present an excellent investment opportunity in the heart of Greeley, Colorado. This unique mobile home park includes a mix of Park-Owned Homes (POHs), a single Tenant-Owned Home (TOH), and additional rental units—providing a rare chance to acquire a cash-flowing asset with upside in a strong Front Rage Colorado market.
This is a rare, turnkey investment opportunity with diversified income, a proven rent roll, and mineral rights upside in a fast-growing Colorado market. Contact me for rent rolls, T12s, and next steps.
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