2435-2459 W 11th St - Apartments FOR SALE


Greeley, CO 80634
$5,000,000 USD
303-512-1167
2435-2459 W 11th St, Greeley, CO for Sale
$5,000,000 USD
Apartments - FOR SALE
1/38
null | 5.9% Cap Rate

2435-2459 W 11th St
Greeley, CO 80634


OVERVIEW

Westview Apartments is a well-maintained, low-rise multifamily community located in the heart of Greeley, Colorado. Comprising three two-story apartment buildings constructed in 1962, 1969, and 1970, the property offers a total gross building area of approximately 30,188 square feet. Constructed with durable wood frame and masonry veneer exteriors, the buildings are topped with pitched composition shingle roofs, contributing to long-term structural resilience and curb appeal. The property benefits from its convenient location in the West submarket, with close proximity to schools, retail centers, and major commuter routes. The unit mix consists of 40 total apartments, including 4 one-bedroom, one-bath units, 34 two-bedroom, one bath units, and 2 three-bedroom, one-bath units. Westview Apartments presents a stable investment opportunity in a growing Northern Colorado market with strong demand for quality rental housing. The asset also offers a clear operational upside through the implementation of a Ratio Utility Billing System (RUBS), allowing a future owner to recapture utility expenses and improve net operating income without significant capital investment. This provides an immediate, scalable value-add strategy while maintaining affordability for residents.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$129 USD /SF

# OF UNITS

40

PRICE/UNIT

$125,000

CAP RATE

5.9%

% 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

80

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

Resi

APN/PARCEL ID

R2120886,R2120986,R2121186

ASK ABOUT THIS PROPERTY

William McCauleyUnique Properties, Inc.More Info
303-512-1167

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William McCauleyUnique Properties, Inc.More Info
303-512-1167

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