Status: Under Contract
List Price: $7,235,000
Units: 35 Units
CAP Rate:
Current: 5.30%
Pro Forma: 6.10%
NOI:
Current: $383,184
Pro Forma: $441,344
Unit Mix
Seven Studios
Twenty One-Bedrooms
Thirteen Two-Bedrooms
Investment Highlights:
Value-Add Opportunity with Room for Upside Through Continued Renovations
Central Greeley Location Blocks from Downtown and Within Walking Distance to University of Northern Colorado
Beautifully Maintained Grounds and Buildings
Generous Community Amenities Include Barbeque Area, Game Room and Lounge, New Fitness Center, and Updated Laundry Facilities
20 of the 34 Units Are Renovated
Renovations Include New Flooring, Updated Kitchens, and Modern Bathrooms
Each Unit Offers Private Balcony
Complimentary Asset Valuation
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