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Turnkey Multifamily Apartment Community
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2420 Reservoir Road, Greeley, CO 80634

Turnkey 190-unit multifamily property with eight buildings on a landscaped seven-acre parcel, renovated in 2011.

Property SizeContact for details
Lot Size7.00 Acres
Days on Market125

Property Features for 2420 Reservoir Road

General Information

Standard status Active
Lot size 7.00 Acres
Property subtype Multifamily

Additional Details

Business Included Yes
Multifamily Units 190

Building Details

Year Renovated 2011
Tenancy Multi
Listing Agency: Kaufman Hagan Commercial Real Estate
Listed By: Ryan Floyd · License #CO FA.040032666
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 4:59PM

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 Kaufman Hagan Commercial Real Estate

Investment Insights

Based on property information with market context.

Sterling Heights is a turnkey multifamily apartment community offering 190 units across eight buildings. The property is described as an original owner/developer asset and underwent an extensive renovation in 2011. The site is presented as a landscaped, park-like setting within a quiet, established neighborhood.

The community is located at 2420 Reservoir Road in Greeley, Colorado. It is approximately one mile from the University of Northern Colorado and within minutes of Downtown Greeley. Immediate surroundings include Greeley Mall and nearby restaurants and coffee shops.

As an eight-building apartment group with recent renovation history, Sterling Heights is positioned as a complete, investor-ready multifamily asset.

Key Highlights

  • Turnkey 190‑unit multifamily asset in Greeley, CO, consisting of eight buildings.
  • Located on a landscaped seven‑acre parcel with a park‑like setting in a quiet, established neighborhood.
  • Original owner/developer asset and one‑of‑a‑kind apartment group.

Property Analytics

Current Use

Sterling Heights Apartments Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Garden Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

190
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby

Demographics for 80634, CO

65,980
Population
25,802
Households
2.6
Avg Household Size
36
Median Age
32%
College-Educated
90%
High-School Grad
38.3 sq mi
ZIP Area
1,723
Density / Sq Mi
$83,255
Median Household Income
$46,808
Median Earnings
$1,567
Median Rent
$405,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Turnkey 190-unit multifamily property with eight buildings on a landscaped seven-acre parcel, renovated in 2011.
Where is this apartment building located?
The property is located at 2420 Reservoir Road Greeley, CO.
What are key features of this property?
This property features: Turnkey 190‑unit multifamily asset in Greeley, CO, consisting of eight buildings.; Located on a landscaped seven‑acre parcel with a park‑like setting in a quiet, established neighborhood.; Original owner/developer asset and one‑of‑a‑kind apartment group.
(303) 321-5888 Call to check price and availability
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