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Davis Van Tilburg

davis@findcolorado.com +1(970) 612-8999

$ 3,625,000

Est. payment | -/mo

3,894 SqFt

Save

$ 3,625,000

Est. payment | -/mo

Save

3,894 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,894 sqft

Subdivision Bluejay Way

MLS Listing ID IRE1071440

HOA Fees $2,000/mo

HOA Y/N Yes

Year Built 2002

Annual Tax Amount $19,685

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Multi Family

Source ires

Property Description

PRIME GREELEY MULTI-FAMILY FIVE TURNKEY 4-PLEXES Incredible multi-family investment opportunity featuring five separate four-plex buildings (20 total units) generating a strong 7.5% cap rate. Constructed in 2002, these highly rentable 2-bedroom apartments feature modern layouts complete with two bathrooms (one primary and one main bath). They offer exceptional acquisition flexibility, as the seller is willing to sell the buildings individually, in packages of two or three, or five buildings as a complete 20-unit complex. Each unit is individually metered, providing a highly efficient, low-overhead management structure for the owner. The hoa is $100 per unit and covers the lawn care, snow removal, parking area, trash and common utilities. The property features an unbeatable central location with excellent walkability, sitting just minutes from shopping and dining at Westlake Village and CenterPlace of Greeley, and steps from outdoor recreation at Sanborn Park. Boasting swift commutes via the nearby Highway 34 corridor and dedicated off-street parking, this well-maintained asset ensures low vacancy and stable returns in a high-demand Northern Colorado rental market

Location

State CO

County Weld

Community Bluejay Way

Area Greeley/Weld

Zoning CH

Rooms

Basement None

Interior

Interior Features Split Bedroom Plan

Heating Forced Air

Cooling Central Air

Appliance Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Fire Alarm

Exterior

Exterior Feature Sprinkler System, Balcony

Community Features Playground, Park

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Satellite Avail, High Speed Avail

View Y/N No

Roof Type Composition

Improvements No

Porch Patio

Garage No

Building

Lot Description Level, Paved, Sidewalks, Street Light, Mineral Rights Excluded

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

Elementary Schools Meeker

Middle Schools Brentwood

High Schools Greeley 6

School District Greeley 6

Others

HOA Fee Include Trash,Snow Removal,Maintenance Grounds,Utilities

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Al Detmer

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 612-8999

davis@findcolorado.com

201 Camino Real, Fort Collins, CO 80524, USA

3550 W 24th Greeley, CO 80634