Overview
Marcus & Millichap is pleased to present Westview Apartments, a 40-unit multifamily community in Greeley, Colorado. The property offers investors the opportunity to acquire a stabilized asset in one of Northern Colorado’s fastest-growing markets, supported by consistent population and employment growth, a diversified local economy, and its strategic location along the Front Range corridor.
Westview Apartments features a practical and attractive unit mix consisting of 4 one-bedroom units averaging 688 square feet, 34 two-bedroom units averaging 784 square feet, and 2 three-bedroom units averaging 900 square feet, providing a balanced offering that appeals to a wide renter base. The property’s clean grounds and functional amenities support strong tenant satisfaction and retention.
Its location places residents within minutes of major employers, the University of Northern Colorado, regional retail centers, and a variety of dining and entertainment options. With stable cash flow, room for continued rent growth, and reliable demand drivers, Westview Apartments represents a compelling opportunity to secure a well-maintained multifamily asset in a high-demand Northern Colorado submarket.
Investment Highlights
High Quality of Life & Affordability Located near the foothills of the Rocky Mountains, Greeley offers renters a high quality of life at a comparatively affordable cost. Modest rent growth over the last decade has allowed household incomes to keep pace with rent increases, supporting sustained rental demand.
Rapid Population Growth Greeley’s population has grown by more than 32% over the last decade — far outpacing the national average of 5.5%. Growth is fueled by a business-friendly environment, steady population gains, and a low cost of living, attracting both companies and skilled workers.
Strong Agricultural & Agri-Business Base Greeley serves as the county seat of Weld County, one of the top agricultural producers in the nation. The city is a leader in high-tech agriculture, vertical farming, and protein industries.Major employers include JBS Swift & Company, Leprino Foods, Colorado Premium, and All American Pet Proteins.
Expanding Professional & Business Services Sector Office-using employment in the Professional and Business Services sector has grown 13.5% over the past three years. Key employers driving this growth include State Farm, Teletech Services, and AppleOne Employment. This diversification strengthens Greeley’s economy beyond its agricultural roots.
Thriving Regional Hub The combination of a growing, diverse economy and a strong workforce has solidified Greeley as a thriving hub for both agriculture and professional services.
Photo Gallery
