2122 28th Ave - Apartments FOR SALE


Greeley, CO 80634
$2,600,000 USD
303-990-4361
2122 28th Ave, Greeley, CO for Sale
$2,600,000 USD
Apartments - FOR SALE
1/11
null | 8.27% Cap Rate

2122 28th Ave
Greeley, CO 80634


HIGHLIGHTS

  • Fully Renovated, Turn Key Property
  • High End Finishes with Washer/ Dryer In-Unit
  • Excellent Unit Mix
  • Two car garage with additional assigned parking space for each unit, ensuring ample parking for residents
  • Private enclosed patio offering additional living space for residents
  • Beautiful brick fireplace in each unit adds charm and warmth

OVERVIEW

MMG is pleased to present the opportunity to invest in prime real estate with these newly renovated townhome-style units in Greeley's most desirable neighborhood near Sanborn Park. This investment opportunity offers the potential for increasing revenue through raising rents to market rates and implementing a utility billback system. With a focus on 3-bedroom, 2-bathroom units, this property offers high rental rates and low vacancies, ensuring steady cash flow for investors. Located in the heart of the front range, residents have easy access to shopping, dining, and outdoor activities.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

8

PRICE/UNIT

$325,000

CAP RATE

8.27%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

R-M

APN/PARCEL ID

095913203004

ASK ABOUT THIS PROPERTY

303-990-4361

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303-990-4361

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