Movoto Real Estate
Sold on 01/14/2022

1901 28th St, Greeley, CO 80631

$8,113,000

Last sold 01/14/2022 for $7.6M

  • —

    bed

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    bath

Multi-family not for sale

About 1901 28th St

Property type Multi-family
Neighborhood
Year built 1970
HOA fee $0/month
Lot size 2.35 Acre
Movoto estimate
Rental estimate
Property description
Value Add Opportunity to Acquire 44 Townhome Style Apartments in Greeley! Property consists of 10 buildings. All units are 2 bed/ 1.5 bath- featuring washer/ dryer hookups, individual furnaces, hot water heaters and energy efficient windows. Solid rental history with strong rental upside. Income entered is PROFORMA, assuming $1,395/ mo in rent per unit. Detailed financials available upon request. Do not disturb tenants.
Listed by
Listing Agent - Alex Schuman
Listing Agent Contact: 9702191493
Listing Office - Schuman Companies
Source: IRESMLS mls logo
MLS#946164 • last updated 11 months ago
Movoto checked IRESMLS for data 25 minutes ago
Overview
Cooling/AC Ceiling Fan(s)
Heating Forced Air
Levels/Style Two
MLS # 946164
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 2.35
Annual Tax 29618
Interior
Basement Crawl Space
Exterior
Roof Rubber
Construction Frame, Composition
Exterior Features Sprinkler System
Amenities / Utilities
Green Features: Energy Efficiency Windows
Utilities Natural Gas Available, Electricity Available
Sewer/ Septic Public Sewer
Water Source City
Appliances Electric Range, Dishwasher, Refrigerator
Location
County Weld
Subdivision Hillside 2nd Add
Middle School Brentwood
High School District Greeley 6
APN R3634586
Multifamily Details
Tenant Pays Deposit, Gas, Electricity
Total # of Units 44
Cap Rate 6.79
Operating Expense 191562
Gross Income 774343.2
Lot/ Land Details
Possible Use Multi-Family
$8.11M
Range: $5.59M-$10.6M
Last 30 days 
Rental est.: $962/month
Gross rent multiplier: 658.5
  • Jan 2022
    mls logo MLS # 946164
  • Jan 14, 2022 Sold
    $7,600,000 (-11.4%)
  • Nov 4, 2021 Pending
    —
  • Aug 18, 2021 Price Change
    $8,580,000 (-7.1%)
  • Jul 16, 2021 Listed
    $9,240,000 (+493.5%)
  • Jul 2016
    mls logo MLS # 788244
  • Jul 15, 2016 Sold
    $1,556,800 (+2.2%)
  • Apr 13, 2016 Listed
    $1,522,727
  • Year Property taxes Tax assessment
  • 2025
    $19,208 +10.3%
    $210,390
  • 2024
    $17,415 +4.9%
    $210,390 -0.32%
  • 2023
    $16,607 +26.9%
    $211,070 +43.7%
  • 2022
    $13,091 -3.1%
    $146,880 -4.9%
  • 2021
    $13,505 +10.1%
    $154,440
  • 2020
    $12,266
    $154,440
  • 1901 28th St
    $7.6M
  • University District
    $385K
  • 80631
    $387K 0% y/y
  • Greeley
    $439K -6% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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