Longmeadow Apartments

Highlights:

• Centrally located in Greeley, one of the fastest growing cities in Northern Colorado, with proximity to schools, healthcare, and other amenities.
• Strong rental history with a stable tenant base and below-market rents, offering potential for increased rental income and high ROI.
• Diverse unit mix and spacious floor plans with well-maintained common areas and attractive landscaping.
• Surplus on-site parking for residents' convenience.
• Opportunity for significant rental rate growth through capital expenditure investment in common area and interior unit upgrades. Submarket presents opportunity for new owner to offer mix of non-renovated and renovated units to maximize occupancy.

Description:

Henry Group Real Estate presents a prime investment opportunity in Northern Colorado: An expansive 260,652 SF multifamily property in Greeley offering 245 units across 5 buildings - including 10 townhomes - offering significant value-add potential. Built in 1972, this property presents an exceptional chance to invest in a thriving multifamily property with a solid rental history. This is a rare opportunity to acquire a substantial asset with significant income potential in a sought-after location.

Nestled in the heart of Greeley, CO, Longmeadow Apartments presents an enticing investment opportunity in the thriving Northern Colorado market. Surrounded by top-notch educational institutions including the University of Northern Colorado and Aims Community College, this vibrant area attracts students, faculty, and young professionals seeking convenient living options. The nearby Downtown Greeley area offers a diverse array of dining and entertainment venues, catering to the area's burgeoning population. With a strong job market, beautiful natural landscapes, and a growing community, this location is primed for multifamily and high-rise investors looking to capitalize on the dynamic Northern Colorado market.