2459 W 11th St
- 12-unit apartment building in Greeley
- Built in 1970 with 11,301 square feet
- All twelve units are two-bedroom, one-bath floor plans of 857 square feet
- Owner recently completed a capital improvement program
- In-place rents average $1,126 per month against a concluded market rent of $1,250, a 10% mark-to-market available on natural turnover
- Offered at $1,500,000, or $125,000 per unit
Property Description
2459 W 11th Street is a 12-unit apartment building in Greeley, built in 1970, with 11,301 square feet, 7,534 above grade plus a 3,767 square foot finished basement, on a 0.32-acre lot. All twelve units are two-bedroom, one-bath floor plans of 857 square feet. The owner recently completed a capital improvement program. In-place rents average $1,126 per month against a concluded market rent of $1,250, a 10% mark-to-market available on natural turnover. Offered at $1,500,000, or $125,000 per unit.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,500,000 |
| No. of Units: | 12 |
| Year Built: | 1970 |
| Lot Size: | 0.32 Acres |
| Opportunity Zone: | No |
| Price per unit: | $125,000 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
809 / 809 1/2 Hester Street
Silver City, New Mexico
811 & 811.5 Hester Street
Silver City, New Mexico
99 Dragonfly Lane
SILVERTHORNE, ColoradoBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout