Multifamily
2113-2139 28th St
2113 28th St, Greeley, CO 80631
Listing Price: $1,995,000
Investment Overview
Marcus & Millichap is pleased to present 2113-2139 28th St, a 14-unit investment opportunity in Greeley, CO. This property features 2 Bed, 1.5 Bath Townhome-style units with in-unit washer/dryer, allowing the opportunity to increase rents above 2-bedroom comparables in the area. With 2 units featuring recently renovated, investors have the stability of proven rents, with 12 units presenting a value-add opportunity.
This multifamily property offers residents immediate access to nearby retail hubs such as the Greeley Mall and Centerplace of Greeley. Major employment centers are within commuting distance, including JBS USA, Banner Health, Leprino Foods, and the University of Northern Colorado, while U.S. Highway 34 and U.S. Route 85 provide straightforward commuter routes.
2113-2139 28th St
Investment Highlights
- The property offers a 6.94% cap rate in Year 1, supported by stable occupancy and large two-bedroom townhome units that attract long-term renters and reduce turnover risk.
- With the majority of units unrenovated, future updates provide a straightforward opportunity to increase rents and unlock dependable income growth in a strong, resilient rental market.
- Walkable to retail hubs like Greeley Mall and Centerplace, and minutes from job centers including JBS, Banner Health, Leprino, and UNC—driving steady renter interest and strong absorption.
Exclusively Listed By
Listing Price: $1,995,000
Investment Highlights
- The property offers a 6.94% cap rate in Year 1, supported by stable occupancy and large two-bedroom townhome units that attract long-term renters and reduce turnover risk.
- With the majority of units unrenovated, future updates provide a straightforward opportunity to increase rents and unlock dependable income growth in a strong, resilient rental market.
- Walkable to retail hubs like Greeley Mall and Centerplace, and minutes from job centers including JBS, Banner Health, Leprino, and UNC—driving steady renter interest and strong absorption.
Investment Overview
Marcus & Millichap is pleased to present 2113-2139 28th St, a 14-unit investment opportunity in Greeley, CO. This property features 2 Bed, 1.5 Bath Townhome-style units with in-unit washer/dryer, allowing the opportunity to increase rents above 2-bedroom comparables in the area. With 2 units featuring recently renovated, investors have the stability of proven rents, with 12 units presenting a value-add opportunity. This multifamily property offers residents immediate access to nearby retail hubs such as the Greeley Mall and Centerplace of Greeley. Major employment centers are within commuting distance, including JBS USA, Banner Health, Leprino Foods, and the University of Northern Colorado, while U.S. Highway 34 and U.S. Route 85 provide straightforward commuter routes.
Exclusively Listed By
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