Capstone has closed the sale of 2122 28th Ave, an eight-unit townhome style property in Greeley, CO for the sale price of $1,500,000. Christian Burgdorf of Capstone represented the Seller and Brandon Kaufman & Nik MacCarter of Capstone represented the Buyer.
The property has a great unit mix consisting of five 3 bed/2 bath units and three 2 bed/1.5 bath apartments. The property has been well maintained and self-managed during ownership.
2122 28th Avenue is conveniently located blocks from Sanborn Park and is walking distance to the University of Northern Colorado’s campus.
The buyer plans to renovate the units, bring rents up to market rate and hold the asset for the foreseeable future.
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About Capstone:
The goal of Capstone is to help generate, maintain, and increase the value and profitability of our clients’ multi-housing investment properties. To do so, we provide comprehensive multi-housing advisory services in asset acquisition and development, strategic ownership decisions, market insight and positioning, property value analysis, and disposition brokerage to support our clients in every stage of ownership. This comprehensive multi-housing-focused service offering paired with our relentless drive to win on behalf of our clients is what sets us apart from pedestrian brokerage firms. Capstone simply put: Expertise. Experience. Extra-Mile.
