New owner takes over University Tower, sets sights on renovation
GREELEY — For the second time this year, the University Tower Apartments building in downtown Greeley has changed hands.
Unified Investments LLC, led by Ben Fetherston, closed late last month on the 10-story building at 609 8th Ave.
The nearly 45-year-old property was sold by previous owner 609 8th Avenue LLC for about $4.97 million, Weld County public records show. 609 8th Avenue LLC purchased University Tower in March for more than $6.65 million.
The building, initially built as a Holiday Inn, was converted into apartments about 20 years ago. Since then,…
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