Joanie DiMatteo-Godsey

Joanie DiMatteo-Godsey

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Active

$1,350,000

($1,037,670 down)
FHA

1626 6th Avenue, Greeley, CO 80631

N/A
N/A
sqft
PITI Monthly
$2,349.83 /mo

Listing courtesy of: Ruth Bustillos, KW Realty Downtown, LLC

Assumed Rate

3.76%
7.15%

Principal & Interest

$1,533 /mo
$2,233 /mo

What's Special

INVESTORS
HISTORIC
RENTAL INCOME
INVESTMENT OPPORTUNITY

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

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.76
Remaining Loan Term
27 years, 0 months
Monthly PITI
$2,349.83/mo
Estimated Loan Balance
$313,430
Cash to close
$1,037,670
Interest Paid
$36,284

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type:
  • Architectural Style: Unknown
Materials
  • Wood Frame
  • Roof: Composition
Condition
  • Year Built: 1998
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Columbine
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Greeley

Financial Details

  • Price per Sqft: $1,350,000
  • Tax Annual Amount: $3387
  • On Market Date: 2025-03-17T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $1,037,670 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$

You cover the entire equity of $1,037,670!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$312,330
Your Cash:$1,037,670
Total Purchase Price:$1,350,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$1,533/mo
Traditional @ 7.5%
$2,317/mo
You save $783/month ($9,401/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1028685

Listing From: recolorado

Last updated: 2025-03-18T15:31:23.000Z

© , recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.76%
7.15%

Principal & Interest

$1,533 /mo
$2,233 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $1,037,670 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$

You cover the entire equity of $1,037,670!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$312,330
Your Cash:$1,037,670
Total Purchase Price:$1,350,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$1,533/mo
Traditional @ 7.5%
$2,317/mo
You save $783/month ($9,401/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Compass
Agent/Broker
Joanie DiMatteo-GodseyCompass(480) 457-0340joanie@azhomesbyjoanie.comMLS

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