5750 W 20th St - Apartments FOR SALE


Greeley, CO 80634
$3,179,000 USD
303-931-0793
5750 W 20th St, Greeley, CO for Sale
$3,179,000 USD
Apartments - FOR SALE
1/19
null | 3.44% Cap Rate

5750 W 20th St
Greeley, CO 80634


OVERVIEW

The Highland Green portfolio consists of two quadplexes and one triplex located just northwest of Highland Hills Golf Club. Built in 1988, these townhome-style two-bedroom, two-and-a-half-bathroom units are well-constructed and have been impeccably maintained over the years. This portfolio is situated in West Greeley, an upscale residential area in close proximity to retail, schools, parks, and entertainment. The owners of this portfolio manage a well-funded HOA, which includes participation from the 20 buildings (29 units) in the development. An investor can capitalize on the value difference between this portfolio as individual townhomes versus the combined value of the triplex and quadplex buildings. Simply put, an investor who cosmetically improves the unit interiors and sells the townhomes individually could profit in today’s market.

FOR SALE DETAILS

PRICE

$3,179,000 USD

PRICE/SF

$246 USD /SF

# OF UNITS

11

PRICE/UNIT

$289,000

CAP RATE

3.44%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

#20

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,634 SF

ZONING

-

APN/PARCEL ID

R3917505,R3917605,R3917705

ASK ABOUT THIS PROPERTY

Phil DanknerUnique Properties, Inc.More Info
303-931-0793

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Phil DanknerUnique Properties, Inc.More Info
303-931-0793

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.