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Longmeadow Apartments

Greeley Multifamily | 245 Units

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Active

Asking Price:Unpriced

Deal terms are not currently defined. Request your own specific terms when submitting a non-binding offer.

Address 

2311 16th St, Greeley, CO 80634

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Date Added
Jan 20, 2025
Days on Market
91 days
Time Since Last Update
19 days

Details

Property TypeMultifamily
SubtypeApartment Building
Square Footage260,652
Units245
Year Built1972
Buildings5
Lot Size (acres)9.16
Parking (spaces)350
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Marketing Description

Henry Group Real Estate presents a prime investment opportunity in Northern Colorado: An expansive 260,652 SF multifamily property in Greeley offering 245 units across 5 buildings - including 10 townhomes - offering significant value-add potential.​ Built in 1972, this property presents an exceptional chance to invest in a thriving multifamily property with a solid rental history.​ This is a rare opportunity to acquire a substantial asset with significant income potential in a sought-after location.​

For access to the virtual deal room please visit: https://henrygroupre.​com/properties/?propertyId=1419922-sale

Investment Highlights

  • Centrally located in Greeley, one of the fastest growing cities in Northern Colorado, with proximity to schools, healthcare, and other amenities.

  • Strong rental history with a stable tenant base and below-market rents, offering potential for increased rental income and high ROI.

  • Diverse unit mix and spacious floor plans with well-maintained common areas and attractive landscaping.

  • Surplus on-site parking for residents' convenience.

  • Opportunity for significant rental rate growth through capital expenditure investment in common area and interior unit upgrades. Submarket presents opportunity for new owner to offer mix of non-renovated and renovated units to maximize occupancy.

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Due Diligence

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Additional Information
Broker Name
Parker Beasley
Broker License
CO 100107906
Brokerage Name
Henry Group Real Estate
Broker Title
Associate Broker
Brokerage Address
495 South Pearl Street, Denver, United States 80209
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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