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101 Gregory St, Central City, CO 80427 | Multifamily Income Property

101 Gregory St, Central City, CO 80427
Featured Multifamily
REI Capital advisor
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Market Insight

Opportunity

Central City's growth trajectory, combined with Colorado's strong rental market fundamentals, suggests increasing demand for modern, affordable units. This property is well-positioned to capture that demand with its tenant-centric amenities.

Market Insight

Opportunity

For investors seeking to enter or expand in multifamily, this asset offers a manageable scale (18 units) with strong cash flow, making it an ideal platform for future acquisitions or a standalone investment.

Market Insight

Strength

The 5.70% cap rate provides a solid current yield, while the new construction and Class C positioning allow for rent growth through minor upgrades, potentially boosting the cap rate to 6.0%+ within 2–3 years.

Market Insight

Strength

As a 2025-built asset, the property reduces near-term capital risks and operational headaches. Features like community Wi-Fi and controlled access lower turnover costs and enhance security, supporting stable NOI.

Market Insight

Strength

The property's amenities (e.g., elevator, bicycle storage, 24-hour access) cater to modern renter preferences, differentiating it from older Class C properties and supporting higher occupancy rates and tenant retention.

$5,800,000
Investment Value
5.70%
CAP Rate
📈 Strong 5.70% cap rate vs market average.
$330,380
Annual NOI
💰 High NOI demonstrates strong operational efficiency.
13,454 SF
Rentable Area
🏢 Optimal size for institutional investors.
$431.10
Price per SF
🎯 Attractive price per SF vs comparable properties.

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
REI Capital advisor
Align Your Capital Strategy

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.

REI Capital advisor

Model your investment returns and cash flow projections

25%
5.0%
30 years
1.18%
5 years
4.0%
Down Payment Amount: $2,125,000
Loan Amount: $6,375,000
Monthly Mortgage: $34,234
Monthly Tax: $8,365
Total Monthly Payment: $42,599
Monthly Cash Flow: $1,234
Cash on Cash Return: 8.7%
Cap Rate: 6.2%
Debt Coverage Ratio: 1.54x
IRR (5 years): 12.3%
Projected Property Value: $9,854,932
Net Equity at Sale: $4,567,890
📊 Monthly Payment Analysis

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💵 Cash on Cash Return

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🚀 Internal Rate of Return

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🏛️ Property Tax Analysis

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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.

Capital Allocation Comparison

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.

Direct Property Ownership
  • 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
Projected direct ownership outcome Calculating…
VS
REI Capital Platform Exposure
  • 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
Projected platform exposure at 9% target Calculating…
Projected difference

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.

Who This Is Designed For

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.

Deployment Scenario Analysis

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 (3.8%–4.2% appreciation) REI Capital (9% target)

* "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.

Allocation Rationale

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
Investor Materials

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
Access Investment Materials

For qualified investors · Private overview · PDF access

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Investment Due Diligence For 101 Gregory St, Central City, CO Income Property

Key questions for informed investment decisions

What is the investment thesis for this property? +
This property offers a compelling buy-and-hold opportunity centered on immediate cash flow and long-term appreciation. As a newly constructed (2025) 18-unit multifamily asset in Central City, CO, it combines modern Class C affordability with strong financials, including a 5.70% cap rate and an NOI of $330,380. The investment thesis leverages the property's turn-key condition, scalable entry point (price per unit: $322,222), and tenant-centric amenities to capture stable returns in Colorado's growing rental market, with potential upside through strategic rent increases and operational efficiencies.
What are the key financial metrics and projections? +
- **Sale Price:** $5,800,000 - **Price per Unit:** $322,222 - **Price per Square Foot:** $431.10 (calculated) - **Cap Rate:** 5.70% - **Net Operating Income (NOI):** $330,380 - **Building Size:** 13,454 SF - **Units:** 18 The property provides immediate cash flow with a solid cap rate. Projections suggest potential rent growth due to new construction and amenity advantages, which could elevate the cap rate to 6.0%+ within 2–3 years through minor value-add initiatives. The NOI is supported by low maintenance costs from the 2025 build, enhancing cash flow stability.
How does the location and market impact the investment? +
Located in Central City (ZIP 80427), Colorado, the property benefits from the state's dynamic rental demand and growth in secondary markets. Central City offers a balance of affordability and accessibility, appealing to renters seeking modern amenities outside urban cores. The area's development trajectory, coupled with Colorado's strong economic fundamentals, positions this asset for increased demand and potential appreciation. However, as a Class C property in a smaller city, it may face moderate sensitivity to local economic shifts, necessitating careful market monitoring.
What are the primary risks associated with this property? +
- **Market Volatility:** As a Class C asset in a secondary market, it could be more exposed to local economic downturns or rental demand fluctuations compared to primary urban areas. - **Concentration Risk:** With only 18 units, vacancy or non-payment by a few tenants could disproportionately affect cash flow, requiring proactive tenant management and reserves. - **Data Gaps:** Missing details on zoning, tax rates, parking ratios, and lot size may limit future development planning or operational assessments. - **Operational Dependence:** While amenities like 24-hour access and community Wi-Fi reduce turnover, reliance on consistent property management is crucial for maintaining NOI.
What value-add opportunities exist to enhance returns? +
- **Rent Premiums:** Implement smart home features (e.g., smart locks, thermostats) or upgrade common areas (e.g., lounge, fitness space) to justify rent increases without major capital outlay. - **Operational Efficiency:** Leverage the new construction's energy-efficient systems and add solar panels or water-saving fixtures to reduce utility costs, boosting NOI. - **Tenant Retention Programs:** Use amenities like bicycle storage and community Wi-Fi to foster tenant loyalty, lowering vacancy costs and turnover expenses. - **Market Positioning:** As Central City grows, rebranding or minor exterior upgrades could elevate the property's appeal, attracting higher-quality tenants and supporting long-term appreciation. These opportunities align with the property's "Modern Tenant Amenities" and "Scalable Multifamily Entry" tags, offering actionable paths to increase cash flow and asset value over a 3–5 year hold period.

Things Near 101 Gregory St, Central City, CO

Public Transportation

0.3 miles

Restaurants & Dining

0.2 miles

Shopping Center

0.5 miles

Parks & Recreation

0.8 miles

About Central City

Located in Colorado, Central City is a dynamic area with strong commercial real estate fundamentals and excellent connectivity.

Population N/A
Median Age N/A
Avg. Household Income N/A
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