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    OFF-MARKET
    Multifamily properties

    1015 18Th St, Greeley, CO 80631

    3,867 SF 0.82 ac lot Built 1952
    Property ID
    US13-0963102
    Property summary
    AI-generated overview

    This exceptional multi-family property located at 1015 E 18th Street, Greeley, CO, presents a compelling investment opportunity. The 3,867 square foot building sits on a sizable 0.82-acre lot, providing ample off-street parking for residents. The property comprises six individual kitchenette units and two double units, offering a diverse rental mix. A substantial main office area adds significant versatility, featuring a reception area, laundry facilities, four bedrooms, a full kitchen, and a bathroom. This presents a unique opportunity for live-in management or additional rental income. While several units have undergone recent updates, some cosmetic improvements offer potential for sweat equity and increased return on investment. The property's substantial size and layout provide flexibility for future renovations or expansion. A new roof is scheduled for installation in September, representing a significant cost saving for the new owner. This property is ideally suited for an investor seeking to expand their portfolio or a first-time buyer looking for a strong cash-flowing asset in a growing market. The large lot size also offers potential for future development or expansion, adding further value to this already attractive investment. Don't miss this chance to acquire a well-located, multi-unit property with significant upside potential.

    Property profile
    Verified
    Property type Multifamily properties
    Year built 1952
    Total area 3,867 SF
    Lot 0.82 ac (35,719 SF)
    UPID US13-0963102
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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