Greeley Multifamily Investment Opportunity

2435 2439 & 2459 W 11th St, Greeley, CO 80634

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For Sale

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Well-maintained 40-unit apartment complex in Greeley, Colorado.

Type:Multifamily

Property size:

30,188 SF

Price / SF:

$165/SF

HighLights

Stable investment opportunity in a growing Northern Colorado market.
Increase net operating income through RUBS implementation.
Convenient West submarket location near schools, retail, and commuter routes.
Features a mix of 40 apartments: 4 one‑bedroom, 34 two‑bedroom, and 2 three‑bedroom units.
Durable construction with wood frame and masonry veneer exteriors.
Well‑maintained, low‑rise multifamily community.

We can help!

Listing Contact

Elliott Polanchyck

For Sale

Contact for pricing

Well-maintained 40-unit apartment complex in Greeley, Colorado.

Type:Multifamily

Property size:

30,188 SF

Price / SF:

$165/SF

Added:: Mar 13, 2026
Days on Market:: 95
Last Refresh:: Mar 19 at 11:16 pm

Property Features for 2435 2439 & 2459 W 11th St

General Information

Standard status: Active
Size: 30,188 SF
Property subtype: Multifamily

We can help!

Listing Contact

Elliott Polanchyck

Listing agent Elliott Polanchyck License #CO

Listing office Unique Properties, Inc

Listing date Mar 13, 2026

Source Crexi

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

Stable investment opportunity in a growing Northern Colorado market.
Increase net operating income through RUBS implementation.
Convenient West submarket location near schools, retail, and commuter routes.
Features a mix of 40 apartments: 4 one‑bedroom, 34 two‑bedroom, and 2 three‑bedroom units.
Durable construction with wood frame and masonry veneer exteriors.
Well‑maintained, low‑rise multifamily community.

Overview

Westview Apartments is a low-rise multifamily community located in Greeley, Colorado. The property consists of three two-story apartment buildings constructed in 1962, 1969, and 1970, offering a total gross building area of approximately 30,188 square feet. The buildings feature wood frame and masonry veneer exteriors, topped with pitched composition shingle roofs. The property is located in the West submarket, near schools, retail centers, and major commuter routes. The unit mix includes 4 one-bedroom, one-bath units, 34 two-bedroom, one-bath units, and 2 three-bedroom, one-bath units, totaling 40 apartments. Westview Apartments presents a stable investment opportunity in a growing Northern Colorado market with strong demand for quality rental housing. The implementation of a Ratio Utility Billing System (RUBS) allows a future owner to recapture utility expenses and improve net operating income.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$615.8k	$20.40
− Vacancy	−$35.7k	−$1.18
EGI	$580.1k	$19.22
− OpEx	−$261.1k	−$8.65
NOI	$319.1k	$10.57

30,188 SF · lease $20.40/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$4.56M

$3.99M – $5.32M (±1% cap)

NOI $319,064 @ 7.0% cap · market cap 6.38%

Second Best

—

no second resolved use

Theoretical Best

Office B

$5.50M

$4.81M – $6.42M (±1% cap)

NOI $385,123 @ 7.0% cap · market cap 7.70%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Greeley
County: Weld
State: Colorado
Longitude: -104.7183721
Latitude: 40.4217945

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For sale
Apartment buildings
CO
Greeley
80634
2435 2439 & 2459 W 11th St

What type of property is this?

Apartment building - Well-maintained 40-unit apartment complex in Greeley, Colorado.

Where is this apartment building located?

The property is located at 2435 2439 & 2459 W 11th St Greeley, CO.

What is the asking price?

The asking price for this property is $5,000,000.

What are key features of this property?

This property features: Stable investment opportunity in a growing Northern Colorado market.; Increase net operating income through RUBS implementation.; Convenient West submarket location near schools, retail, and commuter routes.