1760 Florida Rd. , 1 To 10

    Durango, CO 81301
    • $1,800,000
    • STATUS: Active Under Contract
    • ON SITE: 89 days
    • MLS #: 747036
    Under Contract
    UPDATED: 126 min ago
    $1,800,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 9
      BATHS
    • 0
      1/2 BATHS
    • 8,980
      SQFT
    • $200
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing courtesy of Keller Williams Realty Southwest Associates, Llc.


    Description

    1760 Florida Road is a rare investment opportunity to own all 10 condos in the 1760 Condominium Development. 1760 Florida Road is a 10 condo complex on .45 acre lot. Each Condo is a 2 bed, 1 bath, 2 story, 898 sf unit. The 10 condos have a low vacancy rate, and the property is well maintained by an attentive and active owner/landlord. Landlord offers 12 month leases on the units, and currently all are leased. There is no HOA, as all ten units and the general common element property are held by the same owner. Could be a great 1031 exchange or alternative investment to bonds. Durango has a strong residential rental market, which should allow new owner the opportunity to increase net operating income. All ten condos, general common element property, have their own tax accounts, parcel numbers, and legal descriptions. Taxes represented are a total of all properties.

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    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2018. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than Durango Mountain Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2018-09-19T23:56:53.68.
    www.durangomountainrealty.com/homes/84940665

    1760 Florida Rd. , 1 To 10 Durango, CO 81301

    • Price: $1,800,000
    • Status: Active Under Contract
    • Updated: 126 min ago
    • MLS #: 747036
    0
    Beds
    9
    Baths
    0
    ½ Baths
    0.45
    Acres
    8,980
    SQFT
    $200
    $/SQFT
    1986
    Built
    Neighborhood:
    Other
    County:
    La Plata
    Area:
    Durango In Town
    Elementary School:
    Riverview K-5
    Middle School:
    Miller 6-8
    High School:
    Durango 9-12
    Property Description
    1760 Florida Road is a rare investment opportunity to own all 10 condos in the 1760 Condominium Development. 1760 Florida Road is a 10 condo complex on .45 acre lot. Each Condo is a 2 bed, 1 bath, 2 story, 898 sf unit. The 10 condos have a low vacancy rate, and the property is well maintained by an attentive and active owner/landlord. Landlord offers 12 month leases on the units, and currently all are leased. There is no HOA, as all ten units and the general common element property are held by the same owner. Could be a great 1031 exchange or alternative investment to bonds. Durango has a strong residential rental market, which should allow new owner the opportunity to increase net operating income. All ten condos, general common element property, have their own tax accounts, parcel numbers, and legal descriptions. Taxes represented are a total of all properties.
    Exterior Features

    Acreage Range .5 - .99 Carport No Garage No Lot Dimension .45 Acres Parking 2 Per Unit Parking Spaces 23 Property Attached No Stories Two StoryLoft Street Description City/Town Water Well No Waterfront YN No

    Interior Features

    Foundation Basement Crawl Space One Quarter Baths 0 Total Office Dens 0

    Property Features

    Green Certification No Hoa No Horse Setup No Multi Story Yes New Construction YN No Reo Lender Owned No Tax Year 2018 Terms CashConventional1031 Exchange Total Taxes 367360 Type Other Water Rights No Water Sewer City Water Zoning Residential Multi Family

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2018. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than Durango Mountain Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2018-09-19T23:56:53.68.
     
    Durango Mountain Realty
    PO Box 17000
    Durango CO, 81302
    Listing courtesy of Keller Williams Realty Southwest Associates, Llc.