ARA Newmark Negotiates $21.2M Sale of Multifamily Property in Greeley, Colorado

GREELEY, COLO. — ARA, A Newmark Co., has brokered the sale of University Flats, a multifamily property located at 1758 Sixth Ave. in Greeley.

Greeley Flat DTS and Greeley Land LLC acquired the property from Greeley Realty Investors for $21.2 million, or $227,946 per unit. The property features 93 apartments.

Andrew Hellman and Justin Hunt of ARA Newmark represented the seller in the transaction.