Renovated Multifamily Asset in
1650 29th Avenue Place Greeley, Greeley, CO 80634
Newly renovated multifamily property in West Greeley with strong cap rate.
Type:Multifamily
Property size:
14,031 SFPrice / SF:
$178/SF- Added:
- Sep 25, 2025
- Days on Market:
- 239
- Last Refresh:
- Apr 6 at 12:52 am
Property Features for 1650 29th Avenue Place Greeley
General Information
- Standard status
- Active
- Size
- 14,031 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1979
Listing agent Phil Dankner License #ER.000183921 (303) 645-4796
Listing office Unique Properties, Inc. (303) 645-4796
Listing date Sep 25, 2025
Source Tcnworldwide
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Unique Properties, Inc.
HighLights
- Newly renovated multifamily asset in the heart of West Greeley.
- Strong in place cap rate of 6.56% offering stable returns.
- Mix of unit types including spacious 2‑bed/1.5‑bath units with contemporary design.
- High‑end stainless‑steel appliances, quartz countertops, new bathrooms, and in‑unit laundry.
- Exterior renovations including fresh paint, upgraded stairways, resurfaced parking lot, and new roof.
- Convenient access to retail, business districts, parks, highways, and entertainment.
Overview
Chateau Terrace is a newly renovated multifamily property located in West Greeley, Colorado. The modernized apartment community provides access to amenities, retail and business districts, historic parks, major interstate highways and main city streets, and entertainment options. The building features an exterior renovation, including fresh paint, upgraded stairways, a resurfaced parking lot, a new roof, and an upgraded boiler. The property offers a mix of unit types: one studio, two 1-bed/1-bath units, and ten 2-bed/1.5-bath units. Each residence includes stainless-steel appliances, quartz countertops, new bathrooms, replaced windows and flooring, renovated patios, and in-unit laundry facilities. The property has a size of 14031 square feet and is intended for multifamily use. The property has a strong in place cap rate of 6.56% and presents an opportunity for investors seeking stable returns in a Colorado submarket.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Chateau Terrace Apartments
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Greeley
- County
- Weld
- State
- Colorado
- Longitude
- -104.728
- Latitude
- 40.4134
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Newly renovated multifamily property in West Greeley with strong cap rate.
Where is this apartment building located?
The property is located at 1650 29th Avenue Place Greeley Greeley, CO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Newly renovated multifamily asset in the heart of West Greeley.; Strong in place cap rate of 6.56% offering stable returns.; Mix of unit types including spacious 2‑bed/1.5‑bath units with contemporary design.
