Westview Apartments is a well-maintained, low-rise multifamily community located in the heart of Greeley, Colorado. Comprising three two-story apartment buildings constructed in 1962, 1969, and 1970, the property offers a total gross building area of approximately 30,188 square feet. Constructed with durable wood frame and masonry veneer exteriors, the… Read More buildings are topped with pitched composition shingle roofs, contributing to long-term structural resilience and curb appeal. The property benefits from its convenient location in the West submarket, with close proximity to schools, retail centers, and major commuter routes. The unit mix consists of 40 total apartments, including 4 one-bedroom, one-bath units, 34 two-bedroom, one bath units, and 2 three-bedroom, one-bath units. Westview Apartments presents a stable investment opportunity in a growing Northern Colorado market with strong demand for quality rental housing. The asset also offers a clear operational upside through the implementation of a Ratio Utility Billing System (RUBS), allowing a future owner to recapture utility expenses and improve net operating income without significant capital investment. This provides an immediate, scalable value-add strategy while maintaining affordability for residents. Read Less
Construction Materials: "Frame", Effective Year Built: 1970, Occupant Type: Tenant, Stories: 2, Structure Type: "Low Rise (1-3)", Total Area: 30188, Unit Count: 3, Unit Types: "Array", "Array", "Array", Built in 1962, 40 total units
Disclosures
Exclusions: Tenant's personal property.
Exterior Features
Features: "Balcony"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Current Use: "Multi-Family", Property Sub Type: Multi Family
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 14210, Legal Description: GR 1W3-7 L6-7BLK3 1ST WESTVIEW LYING N OF LN BEG 144.3FT N OF SE COR L6 S89D 38M W112.95FT TO PT ON W LN L7 EXC N20FT L7, Tax Year: 2025
Utilities
Utilities: "Cable Available", "Electricity Connected", "Internet Access (Wired)", "Sewer Connected", Water Included, Water Source: "Public"
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