Looking to Connect with 1031, Institutional, or Cash buyers - Greeley CO mulit-family

[Ian I Leinwand]

Currently for sale off market are six new construction townhomes built in Greely, Colorado. Perfect for 1031 buyer looking to exit older rental properties and get into a turn key low maintenance investment.

Each townhome is roughly 1,700 sq ft, with 3 bedrooms, 2.5 bathrooms, and 2 car garage. All units are currently leased and professionally managed by Youle Realty. At this time the seller is looking to work with one buyer for all six units.

Property and Sale details are below

LIST PRICE $2,333,510

PRICE PER SF $226

AVE. PRICE PER UNIT $388,918

PROJECTED ANNUAL INCOME $164,400

HOA FEES $16,632

PROJECTED CAP RATE 5%

EARNEST MONEY 3%

TOTAL FINISHED SF 10,310

UNITS 6 total - 2 End, 4 Interior

Please contact Ian Leinwand at Youle Realty for more information

Links below to video and virtual tours of property

Virtual tour - unit

Video - Unit 1

Virtual Tour - Unit 2 - Interior Unit

Video - Unit 2

Active rental listing for unit 4 w/ pictures and video