1017 49th Ave

    Greeley, CO 80634
    • $1,750,000
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: 905934
    UPDATED: 59 min ago
    $1,750,000
    • 0
      BEDS
    • 0.77
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,478
      SQFT
    • $121
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1990
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    1017 and 1029 49th Ave are two 4 unit town home style apartment buildings. Located blocks from Greeley Country Club, these meticulously maintained town homes boast large functional floor plans and a garage for each unit. 1017 49th Avenue also has full framed basements that are wired, plumbed and have completed duct work that can be easily converted into another 2 bedrooms plus a full bathroom. Raising rents to market rates should stabilize the asset at a high 6% cap rate.

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    © 2020 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or J2 Real Estate Group at Remax Alliance. Data last updated: 2020-03-29T20:38:06.84.
    www.thedanielsgrouprealestate.com/homes/103931950

    1017 49th Ave Greeley, CO 80634

    • Price: $1,750,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: 905934
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.77
    Acres
    14,478
    SQFT
    $121
    $/SQFT
    1990
    Built
    Neighborhood:
    Country Club West Sub
    County:
    Weld
    Area:
    10 Weld County (all)
    Elementary School:
    Meeker
    Middle School:
    Brentwood
    High School:
    Greeley West
    School District:
    Greeley 6
    Property Description
    1017 and 1029 49th Ave are two 4 unit town home style apartment buildings. Located blocks from Greeley Country Club, these meticulously maintained town homes boast large functional floor plans and a garage for each unit. 1017 49th Avenue also has full framed basements that are wired, plumbed and have completed duct work that can be easily converted into another 2 bedrooms plus a full bathroom. Raising rents to market rates should stabilize the asset at a high 6% cap rate.
    Exterior Features

    Construction Brick/Brick Veneer Property Styles 1 Story/RanchBi-Level Waterfront No

    Interior Features

    Basement Foundation Unfinished Basement Cooling Central Air Conditioning Heating Forced Air Inclusions All Appliances Unit1 Bedrooms 2 Unit2 Bedrooms 2

    Property Features

    Capitalization Rate 7.85 Energy Star Certified No Gross Operating Income 137370.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Greeley Nahb Certified No Net Operating Income 137370.0000 New Construction Status Not NewPreviously Owned Ownership Private Owner Tenant Pays DepositGasElectric Total Operating Expense 0.0000 Utilities Natural GasElectric Zoning R

    Listing information © 2020 Information and Real Estate Services
    Listing provided courtesy of Philip Dankner of Unique Properties.



    © 2020 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or J2 Real Estate Group at Remax Alliance. Data last updated: 2020-03-29T20:38:06.84.
     
    J2 Real Estate Group at Remax Alliance
    4703 Boardwalk Dr.
    Fort Collins CO, 80525