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1824 13th Ave

Greeley CO 80631

0.32 ac.
Other
Currently for sale - view listing

Overview

We are pleased to present 1824 13th Ave, a six-unit apartment building in Greeley, Colorado. Constructed in 1927, the property has a diverse mix of one, two and three-bedroom units. The building features on-site storage, and income-producing garage and coin-operated laundry. The property is located on a large corner lot on a quiet residential street, within walking distance of the University of Northern Colorado. The units have been updated over time, and the property has a class four impact-resistant roof. Through targeted unit updates and renovations, investors can increase rental rates and capitalize on potential storage income to increase net operating income further. Additionally, The University of Northern Colorado's new College of Osteopathic Medicine will significantly benefit the city of Greeley. Establishing an even stronger medical presence in the city will continue to attract top-tier faculty and researchers, boosting Greeley's intellectual and economic vitality. The college will also create new jobs and stimulate local businesses. According to a recent economic impact study by Lightcast, it is projected to boost Colorado's economy by $1.4 billion over the next 20 years and generate $84 million in taxpayer benefits. Furthermore, the increased access to high-quality medical education and healthcare services will enhance the overall quality of life for Greeley residents, making 1824 13th Ave and its ideal location a promising investment opportunity now and for years to come.

Features

0.32 ac. lot size
Other

Property history for 1824 13th Ave

2018
Sold
$560,000
22 Jun 2018 by Brigitte Gentry, of Austin & Austin Real Estate

Happy sellers in Greeley

92%
92% of sellers in Greeley reported that their sale price either exceeded or met their price expectations.

Greeley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Greeley over the last 12 months.

Local market activity for other properties in Greeley

In the last 12 months, 77 other properties similar to 1824 13th Ave, have been sold.

This represents a 68% increase in other properties sales when compared to the previous 12 months.

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