618 Willow Ave
Rocky Ford, CO 81067
For Sale
This property features 4 bedrooms and 2 bathrooms arranged in a side-by-side, single-story duplex configuration. The units have separate, independent entrances located on opposite sides of the building to maximize resident privacy.
The property is constructed with a low-maintenance stucco exterior and a durable, hail-resistant metal roof. These materials are chosen to withstand Colorado's seasonal weather changes, lowering long-term upkeep and capital expenditures.
Yes, the property features a detached two-car garage with separate stalls. This setup allows for private, individual parking or storage options for both units. In addition, there is ample driveway space along with off-street parking.
The proforma underwriting estimates a targeted cosmetic rehabilitation budget of approximately $15,000. This low-scope update is designed to maximize rental rates and help reach the projected stabilized ARV of $225,000.
The property is centrally located on Willow Ave, just a few blocks from downtown Rocky Ford. This convenient placement offers fast access to local shops, restaurants, and public services.
A 'Contract for Sale' indicates that the seller is transferring their equitable interest in the property contract. One or more principals of the contract holder are licensed Colorado real estate brokers acting solely as principals, not as agents for the buyer.
Based on the proforma metrics, the property has an acquisition basis of $147,900, with a projected net operating income (NOI) of $13,408 and an estimated cap rate of over 6.0% (ranging from 6.1% to 6.2% in early years).
Rocky Ford is situated directly along US Highway 50, providing simple and direct vehicle transit to nearby municipal hubs like La Junta and Pueblo for work, medical care, and extended retail options.
The property sits on a spacious lot of 9,148 square feet, offering a balance of useful outdoor space for residents without requiring high-maintenance landscaping.
The home was built in 1958, offering a solid mid-century foundation updated with modern practicalities like a metal roof and independent utility access.
Value-driven investors will find significant potential in this versatile residential asset located at 618 Willow Ave, Rocky Ford, CO. Featuring a 4-bedroom, 2-bathroom layout configured as a side-by-side duplex style arrangement, this property offers a practical design with independent entrances on opposite sides of the building. This deliberate architectural layout enhances privacy and minimizes tenant friction, serving as an attractive rental option in the competitive Otero County leasing market.
Constructed in 1958, this single-story structure is designed for ease of maintenance and structural longevity. The exterior features a low-maintenance stucco finish, which stands up well to local climate conditions, complemented by a highly durable, hail-resistant metal roof. These capital-efficient materials directly contribute to lower long-term operating costs and protect cash flow metrics from unexpected exterior capital expenditures.
A major feature of this property is the detached two-car garage, which contains separate, individual stalls. This detached configuration provides flexible options, allowing the owner to bundle garage space with individual unit leases to maximize rental yields or offer it as a premium convenience. The total lot size spans 9,148 square feet, providing ample outdoor space for residents while remaining straightforward and cost-effective to manage.
Financially, this property is structured to appeal to buyers looking for a strategic value-add project. With a low estimated cosmetic rehab scope of $15,000, investors have a clear and manageable path to property stabilization. Proforma underwriting targets a stabilized ARV of $225,000 and a projected net operating income of $13,408. This makes it an ideal portfolio addition for those seeking to build immediate equity through light renovations while securing steady yields in a central Colorado location.
Please note that this listing is presented as a contract for sale. One or more of the contract holder's members or principals is a licensed real estate broker in the state of Colorado, selling their equitable interest in the advertised property. Neither the contract holder nor any representatives are acting as a real estate agent in this transaction, and no agency agreement is offered or implied.
618 Willow Ave is located in the heart of Rocky Ford, in an area that’s easy to navigate for day-to-day living. The map shows the property just minutes from local conveniences like shopping at Knapp’s Farm Market and everyday dining/errands around town. You’re also near major road connections that make getting around straightforward, including access to State Highway 50 and other intrastate routes for work, deliveries, and weekend travel.
For renters, this kind of “close to everything” location supports tenant convenience and can help reduce turnover—residents can quickly handle groceries, services, and errands without long drives. It’s a practical neighborhood choice for an investor looking for both habitability and ongoing rental appeal.
This property is located at 618 Willow Ave, Rocky Ford, CO 81067
