Situated north of Denver, Greeley, Colorado is quietly emerging as a prime location for real estate investors. Affordability is a major draw in Greeley. Here, the median home price is below the national average. This allows investors to obtain properties at a potentially good value point. Some established communities to consider include the historic Sunrise neighborhood and the tree-lined streets of the University District. Investors who like a more modern vibe can look toward areas like West Greeley near the Kelly Farm development.
This pretty Colorado town offers a surprising quality of life. The city is investing in itself by revitalizing the downtown area. The Union Colony Civic Center hosts various events in a stunningly architected venue. Greeley's proximity to the Rocky Mountains gives visitors and residents easy access to world-class skiing and stunning scenery.
The JBS meatpacking plant and UCHealth Greeley Hospital are key employers, fostering a consistent job market. For investors, this translates into a steady influx of residents who need housing, benefitting rental property investors in the long term.