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    1901 28th St

    Greeley, CO 80631
    • $9,240,000
    • STATUS: Active
    • ON SITE: 13 days
    • MLS #: 946164
    UPDATED: 62 min ago
    $9,240,000
    • 2
      BEDS
    • 2.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 43,708
      SQFT
    • $211
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Value Add Opportunity to Acquire 44 Townhome Style Apartments in Greeley! Property consists of 10 buildings. All units are 2 bed/ 1.5 bath- featuring washer/ dryer hookups, individual furnaces, hot water heaters and energy efficient windows. Solid rental history with strong rental upside. Income entered is PROFORMA, assuming $1,395/ mo in rent per unit. Detailed financials available upon request. Do not disturb tenants.

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    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Partners, LLC.. Data last updated: 2021-07-30T22:38:19.217.
    www.downtownre.com/homes/119415472
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    1901 28th St Greeley, CO 80631

    • Price: $9,240,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 946164
    2
    Beds
    0
    Baths
    0
    ½ Baths
    2.35
    Acres
    43,708
    SQFT
    $211
    $/SQFT
    1970
    Built
    Neighborhood:
    Hillside 2nd Add
    County:
    Weld
    Area:
    10 Weld County (all)
    Elementary School:
    Jackson
    Middle School:
    Brentwood
    High School:
    Greeley Central
    School District:
    Greeley 6
    Property Description
    Value Add Opportunity to Acquire 44 Townhome Style Apartments in Greeley! Property consists of 10 buildings. All units are 2 bed/ 1.5 bath- featuring washer/ dryer hookups, individual furnaces, hot water heaters and energy efficient windows. Solid rental history with strong rental upside. Income entered is PROFORMA, assuming $1,395/ mo in rent per unit. Detailed financials available upon request. Do not disturb tenants.
    Exterior Features

    Construction Materials Wood/FrameComposition Siding Horse YN No Levels Two Lot Features Lawn Sprinkler System Property Attached YN No Roof Rubber Spa YN No Waterfront YN No

    Interior Features

    Appliances Electric Range/OvenDishwasherRefrigerator Basement Crawl Space Cooling Ceiling Fan(S) Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 920 Unit1 Total Baths 1 Window Features Double Pane Windows

    Property Features

    Association YN No Cap Rate 6.31 Electric Electric Gas Natural Gas Gross Income 774343.2 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Greeley Net Operating Income 582781.2 New Construction YN No Operating Expense 191562 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Commercial Sewer City Sewer Tax Annual Amount 29618 Tax Year 2020 Tenant Pays DepositGasElectricity Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Zoning Multi

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Alex Schuman of Schuman Companies.



    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Partners, LLC.. Data last updated: 2021-07-30T22:38:19.217.
     
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    Downtown Real Estate Partners, LLC.
    528 S. Howes St.
    Fort Collins CO, 80521