807-813 37th Ave - Apartments FOR SALE


Greeley, CO 80634
$850,000 USD
970-691-3537
807-813 37th Ave, Greeley, CO for Sale
$850,000 USD
Apartments - FOR SALE
1/29
null | 5.86% Cap Rate

807-813 37th Ave
Greeley, CO 80634


HIGHLIGHTS

  • Recently renovated units
  • New parking lot
  • All units currently occupied
  • Carport and patio for each unit
  • Professionally managed

OVERVIEW

807-813 37th Avenue is a 5 unit, multi family portfolio offering in Greeley, CO. 2 story buildings with brick construction, flat roof as well as mansard. Each individual unit features 2 beds, 1.5 baths comprising 936 sf and a carport. All 5 units have been recently renovated with new luxury vinyl plank flooring, carpet, vanities, countertops and some lighting. Compared to many of the multifamily units in the region, these units show well and help the owner benefit with solid rents throughout. Professionally managed and under a HOA, these units are well - maintained fully rented. HOA is managed by 365 RPM (970-506-0615) and costs $400 / unit / month and covers water, sewer, gas, electrical, snow removal, trash service, and exterior maintenance. This portfolio includes the following condos: 807 37th Ave A1, Greeley, CO 80634 807 37th Ave A2, Greeley, CO 80634 807 37th Ave A3, Greeley, CO 80634 807 37th Ave A4, Greeley, CO 80634 813 37th Ave B2, Greeley, CO 80634

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$182 USD /SF

# OF UNITS

5

PRICE/UNIT

$170,000

CAP RATE

5.86%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,509 SF

ZONING

R-H

APN/PARCEL ID

R6776635

ASK ABOUT THIS PROPERTY

Steve BalmerElevations Real EstateMore Info
970-691-3537

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

Steve BalmerElevations Real EstateMore Info
970-691-3537

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