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1605 11th Ave 4 Unit Apartment Building $875,000 ($218,750/Unit) Greeley, CO 80631
EXECUTIVE SUMMARY
This rental is in a highly desirable location next to UNC and close to amenities and downtown Greeley. Recently renovated kitchens, common areas, windows, bedrooms and bathrooms. Opportunity for an investor to improve rents and utility reimbursement for additional income. This is a solid cash-flowing investment with a solid history of occupancy and tenants. The “Per Bedroom” price is below market highs at $63,333 for rentals sold in the last several years.
PROPERTY FACTS
| Price | $875,000 | Building Class | C |
| Price Per Unit | $218,750 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 9,164 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1914/2023 |
| Property Subtype | Apartment |
| Price | $875,000 |
| Price Per Unit | $218,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 9,164 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1914/2023 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $1,000 | 900 |
| 4+1 | 1 | $2,000 | 2,000 |
| 4+2 | 1 | $2,150 | 2,000 |
| 6+2 | 1 | $2,500 | 3,000 |
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Bike Score®
Very Bikeable (72)
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1605 11th Ave
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