Turnkey Greeley 8-Plex Sold for Record Price per Unit

Property Type: Multifamily
Closed Date: July 28, 2022
Property Address: 2122 28th Ave, Greeley, CO 80634 | 8 Units | 10,004 SF
Sale Price: $2,500,000
Price/Unit: $312,500
Price/SF: $250

2122 28th Ave, Greeley, CO 80634

Greeley, CO – July 28, 2022 – Kaufman Hagan facilitated the sale of 2122 28th Ave, an 8 Unit Multifamily property located in Greeley for $2,500,000.

Kaufman Hagan Principal & Senior Advisor, Brandon Kaufman, along with Kaufman Hagan Broker, Kevin Woolsey, represented both sides in this transaction.

“This turnkey building, built in 1983, features large townhome-style units with full basements, garages, sun rooms, open floor plans, and mature landscaping.
At $312,500 per unit, the sale represents the highest price per unit deal in Greely for this vintage. The buyer was drawn to the incredible cash flow and potential to sell each unit individually in the future.”
Brandon Kaufman, Kaufman Hagan Commercial Real Estate

For more information on this transaction or to discuss multifamily investing, please contact Brandon Kaufman at 303-547-7357 or bkaufman@khcommercial.com.