106 Greeley Ave

If you are looking for an investment rental or even a place to live and rent out the other units for long term or VRBO rentals, you should take a closer look at 106 S. Greeley Ave in Johnstown. This is a great investment opportunity to get into the still hot Colorado real estate market.  This triplex is in a great area and has great rental history. For the price it can yield you a great ROI. 

Johnstown is located near two major cities. Many people that live there commute to either Denver, Fort Collins, Greeley or Boulder. It is a very desirable rental area that is growing a building everyday. 

The set up of this investment property is very unique. There would be no issues with living in one of the units and renting out the other two. you could always rent out all three to maximize your income potential.  The units are very spacious and the property is beautiful.  

It is currently being managed by a great property management company that you could choose to continue to use if you like. They are very familiar with the property and the rental market in the area. They would give you the ability to be out of state or completely hands off and let them deal with the tenants.

This area demographics are similar to  the Colorado average in rural areas. These areas are continuing to grow and value of real estate in these areas continue to grow as Colorado becomes more and more desirable to the rest of the country. Colorado has seen a huge increase in people moving in and it has been hard for most areas to accommodate the influx of new residence. Colorado has a rental as well as a housing shortage. 

106 S. Greeley will be coming on the market this month. For more information please contact Danny Skelly at 303-503-8793.