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$1,750,000
Est. payment /mo
0.75 Acres Lot
UPDATED:
10/24/2024 03:57 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 7962882
HOA Y/N No
Originating Board recolorado
Year Built 1925
Annual Tax Amount $8,322
Tax Year 2023
Lot Size 0.750 Acres
Acres 0.75
Property Description
STRONG CASHFLOW!! Well Maintained 14-unit multifamily community in desirable Lyons, Colorado, walking distance to downtown, restaurants, shopping, and the elementary school. It has 6 apartment units in a single building with a varying unit mix, as well as 8 mobile homes, 7 of which are park-owned and title will transfer to new owner at Closing, 1 mobile home is owned by the resident. Each of these mobile homes are two-bedrooms and one-bathroom units. All utilities are master metered for the six apartment units and billed back to residents. All of the park owned mobile homes pay all utilities. Trash is paid by the owner and billed back to tenants. The apartment building's roof was recently replaced and windows are double-paned. Two of the mobile home units are under seven years old. Additionally, there are 14 off-street parking spots and six storage units. Seward sits on 0.75 acres and is conveniently located in Boulder County, approximately 15 minutes west of Longmont, 25 minutes southeast of Estes Park, and 20 minutes north of Boulder. Lyons, Colorado has historically been a low vacancy rental market, vacant units in this community don’t last long. Contact listing agents for marketing package, rent roll, financials, and all questions.
Location
State CO
County Boulder
Interior
Fireplace N
Exterior
Total Parking Spaces 14
Garage No
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. • clayton.primm@marcusmillichap.com,303-328-2075
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