Investment Overview

Marcus & Millichap is pleased to present Westview Apartments, a 40-unit multifamily community located in the thriving city of Greeley, Colorado. The property consists of three buildings situated on three adjacent, contiguous lots and offers a well-balanced unit mix comprised of 4 one-bedroom units averaging 688 square feet, 34 two-bedroom units averaging 784 square feet, and 2 three-bedroom units averaging 900 square feet. Originally delivered in 1962, Westview presents investors with a clear value-add opportunity through operational efficiencies and by capturing rent growth as units are repositioned to market rates upon lease turnover. Positioned in central Greeley, Westview Apartments benefits from exceptional connectivity to the area’s leading employment hubs. Anchored by the University of Northern Colorado, Banner Health’s North Colorado Medical Center, and major private employers such as JBS Swift & Company and Vestas (a global leader in wind turbine manufacturing), Greeley offers a diversified economic base that continues to fuel population and rental growth. With convenient access to U.S. Highway 85 and U.S. Highway 34, residents also enjoy seamless connectivity throughout Northern Colorado, including to Fort Collins, Loveland, Windsor, and the greater Denver metropolitan area. In addition to its strong employment base, Greeley offers an attractive quality of life supported by abundant recreational, cultural, and retail amenities. Residents of Westview Apartments are only minutes away from downtown Greeley’s restaurants, breweries, and entertainment venues, as well as major retail corridors along 23rd Avenue and U.S. Highway 34. The city also provides numerous outdoor and recreational opportunities, with nearby parks, trails, and open spaces supporting Northern Colorado’s active lifestyle. Greeley’s strong cultural identity, reinforced by events such as the Greeley Stampede, further enhances the city’s appeal as a destination for both families and young professionals. Over the past decade, Greeley has established itself as one of Colorado’s fastest-growing communities, with its population increasing by 32.5%—far outpacing the national average of just 6.5%. This surge reflects the city’s relative affordability, expanding job market, and high quality of life, all of which have created enduring rental demand. With limited competing supply in the immediate area, Westview Apartments is ideally positioned to capitalize on this long-term demographic and economic momentum. Combining a desirable unit mix, strong neighborhood fundamentals, and clear value-add upside, Westview Apartments represents a compelling acquisition opportunity for investors seeking durable cash flow and long-term appreciation in one of Northern Colorado’s most dynamic growth markets.