Do not contact Roger Koltay. ONLY contact owner/broker, Mark Dyson (303-810-6805). This is an income generating portfolio of three separate manufactured houses on three legally separate, 5,000-square foot sites at 314, 406 and 411 East Rangely Avenue. Rather than rentals each property could be sold separately to owner occupants when leases expire over the next 12 months. The current owner has owned all three for 10 years and wants to buy property closer to home. All dwellings have had multiple renovations and are in good condition. Rental history has been excellent. Last month a unit was posted to Facebook Marketplace and had 22 inquiries. Northwestern Community College and the Desadaro Mine provide a stable demand for rental property. This property could also be sold to someone occupying one and having the rent from the other two pay the mortgage. As a starter investment, this can't be beat. Easy to rent and low maintenance. Seller financing with 25% down.
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Rangely is located in Colorado. Rangely, Colorado has a population of 2,169. Rangely is more family-centric than the surrounding county with 42.06% of the households containing married families with children. The county average for households married with children is 39.78%.
The median household income in Rangely, Colorado is $72,550. The median household income for the surrounding county is $57,991 compared to the national median of $57,652. The median age of people living in Rangely is 34.6 years.
The average high temperature in July is 91 degrees, with an average low temperature in January of 3.5 degrees. The average rainfall is approximately 12.6 inches per year, with 29.6 inches of snow per year.
