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Browse More Listings in Multifamily For Sale, Greeley, CO or Colorado

Multifamily Property For Sale

Mountain View Acres

917 31st Ave., Greeley, CO 80634

Price:
$399,900
No. Spaces:
16
Building Size:
4,504 SF
Price/Space:
$24,993.75
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Commission Split:
5%
Cap Rate:
8.30%
Occupancy:
81%
Year Built:
1960
Lot Size:
0.48 AC
Find Out More...

Last Verified 10/29/2009 Listing ID 16284641

Highlights

Full Commersial Appraisal June, 2003 based off of income, value of $535,000
Motivated Seller
In Town property, walking distance to restaurants & stores

New Gravel, and fencing
RV Bathrooms remodled, 2 of 3 water heaters are new, 1 of 3 Ref. new
5 long term tenants

Description

As a Mixed-use property with an RV Park, 3 residential rental appartments and an auto repair shop, located on .48 acres or 20,700 sqft. The property features a freestanding 4,504 sqft garage, a duplex with two appartemnts and a tird apartment at the rear of the building; it also has 12 RV Park sites, with full service hook-ups.

1/2 Block of west 10th st and 31st Ave Greeley, Colorado. The major cross st. is West 10th st. and 35th Ave. On the NW side of town.

Financial Summary

Space Mix Information

Debt & Equity Information

Actual
Year
2008
Scheduled Gross Income
$51,576
Operating Expenses
$15,200
Net Operating Income
$33,254
Pre-Tax Cash Flow
$36,376

Description	No. Spaces	Avg. Mo. Rent
RV spot	11	$370
Apt A 2bd/1bth	$700	$370
Apt B 1 bd/1bth	$530	$370
Apt C 1 bd/1bth	$400	$370
shop space & Office	$1,100	$370

Map of 917 31st Ave., Greeley, CO 80634 (Weld County)

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Presented by

Mountain View Acres Real Estate, LLC

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Contact Listing Broker

Roger Logan (970) 481-5311

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Created 6/18/2009

Additional Information for 917 31st Avenue, Greeley, CO 80634

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Mountain View Acres

917 31st Ave., Greeley, CO, 80634