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1839 11th Avenue
Greeley, CO 80631
Asking Price
$515K
Cap Rate
8.74%
Asset Type
Student Housing Multifamily
Class
Class B
What's Special
UNC-Area Triplex | $4,150/mo gross rent | New Sewer Line | Motivated Sellers <ul><li><span style="color: rgba(33, 33, 33, 1)">Fully tenanted — $4,150/mo gross rent ($49,800 annually)</span></li><li><span style="color: rgba(33, 33, 33, 1)">Unit mix: 4-bed/1-bath | 3-bed/1-bath | 1-bed/1-bath</span></li><li><span style="color: rgba(33, 33, 33, 1)">Tenants pay all utilities — lean operating structure</span></li><li><span style="color: rgba(33, 33, 33, 1)">Brand-new sewer line in progress — major infrastructure de-risked</span></li><li><span style="color: rgba(33, 33, 3
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NOI
$80,000
Cap Rate
15.53%
DSCR
2.62
Strong
Cash-on-Cash
31.99%
Monthly Payment
$2,547.939
Annual Cash Flow
$49,424.732