Apartment Buildings /CO /Weld County /Greeley /2435-2459 W 11th St
Apartment Buildings /CO /Weld County /Greeley /2435-2459 W 11th St

2435-2459 W 11th St - Apartments FOR SALE


Greeley, CO 80634 | 
$5,200,000 USD
303-328-2069
2435-2459 W 11th St, Greeley, CO for Sale
$5,200,000 USD
Apartments - FOR SALE
1/38
null | 5.83% Cap Rate
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2435-2459 W 11th St
Greeley, CO 80634

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HIGHLIGHTS

  • Value-add: modest renovations & turnover drive 15%+ levered IRR.
  • Current rents avg. $1,144 vs. market $1,348; ~$100–225/unit upside.
  • Rent vs. own advantage: avg. rent $1,348 vs. $2,614 ownership cost; 48% cheaper.

OVERVIEW

Value-add: modest renovations & turnover drive 15%+ levered IRR. Current rents avg. $1,144 vs. market $1,348; ~$100–225/unit upside. Rent vs. own advantage: avg. rent $1,348 vs. $2,614 ownership cost; 48% cheaper.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$134 USD /SF

# OF UNITS

40

PRICE/UNIT

$130,000

CAP RATE

5.83%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westview Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

-

APN/PARCEL ID

R2120886,R2120986,R2121186

ASK ABOUT THIS PROPERTY

David BomgaarsMarcus & MillichapMore Info
303-328-2069

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David BomgaarsMarcus & MillichapMore Info
303-328-2069

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

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