Description
Great investment for an owner/operator looking for an updated and low-maintenance property in an Opportunity Zone that will run at over a 5.5% CAP. This 8-Unit building consists of all one bedroom apartments with 16 parking spaces. Recent updates include a high efficiency boiler, hot water heater, vinyl windows, real oak flooring, carpeting, cabinets, countertops and appliances. Residents are a short drive to shopping and entertainment at Belmar and Colorado Mills. The sale includes two separate lots, with the building sitting on one and 16 parking spaces on the other. Huge potential for future development on the second lot.
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0BEDS
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0.44ACRES
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0BATHS
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01/2 BATHS
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4,620SQFT
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$265$/SQFT
School Ratings & Info
Offered by Aqyre Real Estate Advisors, Llc.Description
Great investment for an owner/operator looking for an updated and low-maintenance property in an Opportunity Zone that will run at over a 5.5% CAP. This 8-Unit building consists of all one bedroom apartments with 16 parking spaces. Recent updates include a high efficiency boiler, hot water heater, vinyl windows, real oak flooring, carpeting, cabinets, countertops and appliances. Residents are a short drive to shopping and entertainment at Belmar and Colorado Mills. The sale includes two separate lots, with the building sitting on one and 16 parking spaces on the other. Huge potential for future development on the second lot.
Licensed in the State of Colorado, USA
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