Excellent opportunity for an investment property with tenants. The property is located in Holly, CO, just 28 miles East of Lamar, CO. There are 9 rentable studio apartment units each with its own bathroom. The main level has potential rentable space for commercial, office, storage or could be finished out for residential occupancy space. There are additional storage sheds to the backside of the property as well. Tenant access is located to the backside with an additional interior entrance/exit location. Inclusions in rooms: refrigerators, microwaves, sheets, bedding, furniture, televisions, artwork.
The median home value in Holly, CO is $94,500. This is lower than the county median home value of $140,100. The national median home value is $338,100. The average price of homes sold in Holly, CO is $94,500. Approximately 56.72% of Holly homes are owned, compared to 32.84% rented, while 10.45% are vacant. Holly real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Holly real estate agent to arrange a tour today!
Holly, Colorado has a population of 809. Holly is less family-centric than the surrounding county with 36.03% of the households containing married families with children. The county average for households married with children is 36.11%.
The median household income in Holly, Colorado is $32,500. The median household income for the surrounding county is $44,984 compared to the national median of $69,021. The median age of people living in Holly is 52.9 years.
The average high temperature in July is 93.3 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 17 inches per year, with 23.1 inches of snow per year.