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28369606
28369629

1817 28th St, Greeley, CO 80631 For Sale

CM
CO CO 100091193
CBRE - Denver Downtown
Listed by CBRE - Denver Downtown
$1,500,000
239 days on market
Updated 134 days ago

1817 28th St

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,692
Units 12
Pro-Forma Cap Rate 7.44%
Pro-Forma NOI $111,648
Price per SqFt $140
Broker Co-Op Yes
Class C
Year Built 1971
Buildings 1
Lot Size (SqFt) 26,490
Investment Type Value Add

12 Units | $125,000/unit

Marketing description

CBRE is pleased to present 1817 28th St, a 12-unit investment opportunity in Greeley, Colorado. Constructed in 1971, the building provides unparalleled access to Greeley’s premier amenities. Residents have quick access to major job centers in a strong local economy.

The Greeley MSA consistently ranks in the top ten for population growth rate nationwide. The Colorado State Demography Office projects Weld County to be the fastest-growing county in Colorado over the next decade. Considering the positive demographic and job growth trends, Greeley is poised for outsized returns.

Investment highlights

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

  • Private patios and balconies

  • Ample off-street parking

  • Near major job centers, local amenities, and the University of Northern Colorado

Listing Contacts

CM
CO CO 100091193
CBRE - Denver Downtown
Listed by CBRE - Denver Downtown

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Additional Information

Name
Charlie Mitelhaus
License
CO 100091193
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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