1824 13th Ave

CBRE is pleased to present 1824 13th Ave, a six-unit apartment building in Greeley, Colorado.​ Constructed in 1927, the property has a diverse mix of one, two and three-bedroom units.​ The building features on-site storage, an income-producing garage and coin-operated laundry.​

The property is located on a large corner lot on a quiet residential street, within walking distance of the University of Northern Colorado.​ The units have been updated over time, and the property has a class four impact-resistant roof.​ Through targeted unit updates and renovations, investors can increase rental rates and capitalize on potential storage income to increase net operating income further.​

Additionally, the University of Northern Colorado’s new College of Osteopathic Medicine will significantly benefit the city of Greeley.​ Establishing an even stronger medical presence in the city will continue to attract top-tier faculty and researchers, boosting Greeley’s intellectual and economic vitality.​ The college will also create new jobs and stimulate local businesses.​

According to a recent economic impact study by Lightcast, it is projected to boost Colorado’s economy by $1.4 billion over the next 20 years and generate $84 million in taxpayer benefits.​ Furthermore, the increased access to high-quality medical education and healthcare services will enhance the overall quality of life for Greeley residents, making 1824 13th Ave and its ideal location a promising investment opportunity now and for years to come.​

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  Light value-add opportunity

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  On-site coin-operated laundry

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  Located in one of the fastest-growing counties in the state

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  Located within walking distance of the University of Northern Colorado