2947 Glendale Drive

For Sale

2947 Glendale Drive, Evans, CO 80620

Evans, COMOTIVATED SELLER - BRING ANY AND ALL OFFERS 2947 Glendale Drive is a six-unit multifamily property located in Evans, Colorado. The unit mix consists of one 1 bed 1 bath unit, as well as five 2 bed 1 bath units. The property features several recent upgrades, including a new roof, new gutters, new boiler, new exterior stairwells, and updated landscaping. The investment opportunity sits just 1 mile south of the University of Northern Colorado, and less than a mile east of Greeley Mall. With an in-place cap rate of 7.04%, this property already offers solid returns. Additionally, further interior and exterior renovations, including updating the five unrenovated units, present an opportunity to significantly raise rents, potentially driving returns to an approximate 9% cash-on-cash return. This makes 2947 Glendale Drive a great investment for value-add investors.

Building Details

  • For Sale $765,000
  • Property Type Multi-Family
  • Property Size 4,448 SF
  • Units 6
  • Lot Size 0.24 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Year Built 1971
  • Date Updated Sep 28, 2026
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Contacts

Greg Knott

Unique Properties

Location

  • City Evans, CO
  • Zip Code 80620
  • Market Denver
  • Walk score 71/100 Very Walkable
  • Bike score 53/100 Bikeable
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Points of Interest

King Soopers

0.23 miles

Everyday

0.32 miles

Kum & Go

0.44 miles

Exxon

0.47 miles

Mobil

0.81 miles

Cosmic Market

1.12 miles

Loaf 'N Jug

1.19 miles

Sam's Club

1.32 miles

Conoco

1.60 miles

Loaf 'N Jug - Gas Station

2.32 miles

Corpus Christi Lake

1.32 miles

US 85 Evans Park and Ride

1.51 miles

Downtown Greeley Park-n-Ride

2.02 miles

Sanborn Park Parking

2.17 miles

Greeley West Park

2.78 miles

Greeley Regional Transportation Center Parking

2.95 miles

Lot B

4.02 miles

Lot A

4.09 miles

Rover Run Trailhead

4.85 miles

J&W's Classic Car Wash

0.53 miles

Wash Me! Car Wash Chappelow

1.17 miles

Breeze Thru

2.09 miles

Bee Clean Auto Wash

3.41 miles

10th Market Liquor & Shell Gas

3.98 miles

Bolt Thru Car Wash

9.52 miles

Wingstop

0.14 miles

Burger King

0.16 miles

Taqueria Rancho Alegre

0.19 miles

Papa John's

0.20 miles

Wing Shack

0.29 miles

Empire State Pizza

0.30 miles

Taco John's

0.42 miles

Subway

0.48 miles

Taco Bell

0.52 miles

Long John Silver's

0.53 miles

King Soopers

0.09 miles

Big Lots

0.25 miles

Greeley Mall

0.93 miles

Cosmic Market

1.11 miles

Walmart Supercenter

1.33 miles

Ismail Halal Asian Market

1.80 miles

TJ Maxx

2.66 miles

Kohl's

2.84 miles

Target

2.94 miles

Ross

3.02 miles

Monfort Family Clinic

0.22 miles

Walgreens

0.30 miles

Cassidy Hall

1.15 miles

Greeley Fire Department Station 4

1.18 miles

Greeley Fire Department Station 2

1.34 miles

Banner Occupational Health Clinic

1.78 miles

The Resource Center

1.79 miles

North Colorado Medical Center

1.80 miles

Banner North Colorado Medical Center

1.84 miles

Greeley Fire Station #1

2.03 miles

Listing Summary

  • Property Financials

    2947 Glendale Drive is currently listed for sale at $765,000 for a price per square foot of $171.99.

  • Property Details

    2947 Glendale Drive totals 4,448 square feet of Multi-Family space on a lot spanning 0.24 acres. The property was initially built in 1971.

    Tenancy at 2947 Glendale Drive is listed as Multi-Tenant, comprising a total of 6 units.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 71, indicating that it is very walkable.

Contact Greg Knott
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