101 Gregory St, Central City, CO 80427 | Multifamily Income Property
101 Gregory St, Central City, CO 80427
Opportunity
Rent Growth Potential: As a new build in Central City, there is opportunity to align rents with market rates or slightly above, given the modern amenities and lack of comparable new inventory.
Opportunity
Value-Add through Operational Efficiency: Implementing smart home technology or green initiatives (e.g., energy-efficient appliances) could further reduce operating expenses and attract environmentally conscious tenants.
Opportunity
Market Expansion: Central City’s dynamic growth suggests increasing demand for quality multifamily housing, positioning this property for long-term appreciation.
Risk
Class C Designation: Class C properties may face higher tenant turnover or sensitivity to economic downturns compared to Class A/B assets, requiring proactive management.
Risk
Missing Parking Ratio: Lack of parking data could indicate limited parking availability, potentially affecting tenant appeal in a car-dependent region.
Risk
Market Concentration: Reliance on Central City’s local economy—without diversification—exposes the investment to regional economic fluctuations.
Strength
New Construction Advantage: Built in 2025, this asset eliminates near-term capital expenditure risks (e.g., roof, HVAC, structural repairs), providing a modern, move-in-ready product that appeals to tenants and reduces maintenance costs.
Strength
Strong Financial Performance: With a cap rate of 5.70% and an NOI of $330,380, the property offers stable cash flow. The calculated price per square foot of $431.10 is competitive for a Class C mid-rise in a growing market.
Strength
Premium Amenities Package: Features like 24-hour controlled access, community-wide Wi-Fi, elevator service, and bicycle storage enhance tenant satisfaction, supporting higher retention rates and potential rent premiums.
Strength
Efficient Unit Design: Each unit includes full kitchens, air conditioning, heating, and safety features (smoke detectors), meeting contemporary rental demands.
Central City, CO Multifamily Property Overview
- Multifamily Building located in Central City, CO
- Built in 2025 (Modern Construction)
- 13,454 SF of rentable area
Property Details
| Year Built | 2025 | Building Type | Multifamily |
| Total Size | 13,454 SF | Zoning | N/A |
| Parking Spaces | N/A | Property Tax Rate | 1.18% (average property) |
| Cap Rate | 5.70% | Annual NOI | $330,380 |
| Price | $5,800,000 | Price/SF | $431.10 |
| Location | Central City, CO | County | N/A |
Compare direct ownership against passive CRE platform exposure.
The calculator below frames the capital, risk, and operating burden of acquiring a property directly. REI Capital provides a professionally managed alternative with institutional underwriting and a 9% target annual growth projection.
Model your investment returns and cash flow projections
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* Calculations are estimates only. Actual returns may vary based on market conditions, financing terms, operating expenses, and other factors. Consult with financial and legal professionals before making investment decisions.
Direct ownership vs. passive CRE platform exposure
Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting and a 9% target annual growth projection.
- Concentrated exposure to one property and market
- Debt service, refinancing, and rate sensitivity
- Active leasing, vendor, and asset oversight
- Vacancy, capex, and maintenance obligations
- Illiquid exit process with timing risk
- Transaction costs can compress realized returns
- Passive exposure without direct operator liability
- Institutional underwriting and acquisition discipline
- Professional asset management and reporting
- Strategy designed to reduce single-asset concentration
- 9% annual target growth projection for comparison
- Curated deal flow with a passive capital framework
Calculating the comparison…
* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.
Built for investors evaluating passive commercial real estate exposure
REI Capital is positioned for investors who want institutional-quality underwriting, disciplined capital deployment, and real estate exposure without managing the asset directly.
Accredited Investors
Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.
Family Offices
Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.
1031 Exchange Buyers
Compare direct replacement ownership against passive alternatives with reduced operational complexity.
High-Income Professionals
Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.
Where Your NOI Goes Each Month
* Distribution based on current inputs. Actual expenses may vary.
ROI Over Time: Direct Ownership vs REI Capital
* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.
Your Down Payment: Direct Ownership vs REI Capital Platform Exposure
Same starting capital. Compare a direct ownership path against passive capital deployment through REI Capital.
* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.
Why sophisticated investors choose passive CRE exposure
Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies while reducing the operational burden of owning the property themselves.
- Professional underwriting before capital deployment
- Reduced exposure to single-asset operational demands
- Access to institutional sourcing and asset management
- Passive framework built for long-term capital strategy
- Clearer comparison against direct ownership costs
- Time-efficient exposure for qualified investors
A more efficient way to deploy capital
The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, and investor onboarding process behind the 9% target projection.
- Acquisition strategy & deal flow
- Underwriting and risk framework
- Platform team and execution process
- Investor qualification and next steps
For qualified investors · Private overview · PDF access
Investment Due Diligence For 101 Gregory St, Central City, CO Income Property
Key questions for informed investment decisions
Things Near 101 Gregory St, Central City, CO
Central City Opera House
0.3 milesTeller House
0.2 milesCentral City Parkway
1.5 milesBlack Hawk Casino District
2.0 milesArapaho National Forest
5.0 milesAbout Central City
Located in Colorado, Central City is a dynamic area with strong commercial real estate fundamentals and excellent connectivity.
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