Multifamily
Lincoln Plaza
1020 9th St, Greeley, CO 80631
Listing Price: $5,000,000
Investment Overview
Marcus & Millichap is pleased to present Lincoln Plaza, located at 1014-1020 9th Street, Greeley, Colorado. This investment consists of three parcels. 1020 9th St has 24 recently renovated units with the opportunity to develop 12 additional units and a small commercial space. Permits and plans have been provided. Adjacent to the east is 1018 9th Street consisting of two duplexes which have also been recently renovated. Lastly, 1014 9th St is a .28 acre lot, currently designated for parking with 28 spaces available. In total, Lincoln Plaza is vintage asset situated on .76 acres with stabilized cash flow from the existing units to help the completion of the development opportunity. Located on the corner of 11th Ave and 9th St, this asset provides ideal living for those working in downtown Greeley, or UNCO students/employees. Additionally, Greeley and the surrounding area offers an abundance of opportunities for employment and convenient transportation access, as well as a vibrant social scene and a variety of dining and nightlife options.
Lincoln Plaza
Investment Highlights
- Less Than One Mile from both UNC and Downtown Greeley, with Terrific Access to Public Transportation
- Historically Low Unemployment Rate, Significant Population Growth, and Resilient Real Estate
- Located near the Foothills of the Rocky Mountains, Greeley has Become an Attractive Destination for Renters due to its High Quality of Life and Relative Affordability
Exclusively Listed By
Listing Price: $5,000,000
Investment Highlights
- Less Than One Mile from both UNC and Downtown Greeley, with Terrific Access to Public Transportation
- Historically Low Unemployment Rate, Significant Population Growth, and Resilient Real Estate
- Located near the Foothills of the Rocky Mountains, Greeley has Become an Attractive Destination for Renters due to its High Quality of Life and Relative Affordability
Investment Overview
Marcus & Millichap is pleased to present Lincoln Plaza, located at 1014-1020 9th Street, Greeley, Colorado. This investment consists of three parcels. 1020 9th St has 24 recently renovated units with the opportunity to develop 12 additional units and a small commercial space. Permits and plans have been provided. Adjacent to the east is 1018 9th Street consisting of two duplexes which have also been recently renovated. Lastly, 1014 9th St is a .28 acre lot, currently designated for parking with 28 spaces available. In total, Lincoln Plaza is vintage asset situated on .76 acres with stabilized cash flow from the existing units to help the completion of the development opportunity. Located on the corner of 11th Ave and 9th St, this asset provides ideal living for those working in downtown Greeley, or UNCO students/employees. Additionally, Greeley and the surrounding area offers an abundance of opportunities for employment and convenient transportation access, as well as a vibrant social scene and a variety of dining and nightlife options.
Exclusively Listed By
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