2122 28Th Avenue Ct Greeley, CO 80634
- Multifamily properties
- 14,126 SF
Current Use by Public Records
- Multifamily properties
Property Details for 2122 28Th Avenue Ct
- Year built
- 1983
- Property size
- 14,126 SF
- Property type
- Multifamily properties
Description
This exceptional investment opportunity presents 14,126 square feet of newly renovated townhome-style units situated in Greeley, Colorado's desirable Sanborn Park neighborhood. The property consists of three-bedroom, two-bathroom units, strategically designed to maximize rental income and minimize vacancy rates. Currently generating strong cash flow, this multifamily property offers significant upside potential. Investors can further enhance profitability by implementing a utility billback system and adjusting rents to reflect current market rates. The property's prime location provides residents with convenient access to a wide array of amenities, including shopping, dining, and abundant outdoor recreational opportunities. This is an ideal investment for those seeking a stable, high-yield asset in a thriving Colorado community. The property is located at 2122 28th Avenue, Greeley, CO, and is offered at $2,650,000. The units are designed for high occupancy and boast a desirable layout. This is a turnkey investment opportunity with immediate potential for increased revenue and strong long-term growth prospects. The property sits on a 0-acre lot, making it a compact and manageable investment. The location within the Sanborn Park neighborhood offers residents a high quality of life, contributing to strong tenant demand and low turnover. This is a rare chance to acquire a well-maintained, high-performing multifamily property in a sought-after area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greeley
- County
- Weld
- State
- Colorado
- Longitude
- -104.727
- Latitude
- 40.4036
