Skip To Content

5802 County Road 203

Durango, CO 81301
  • $1,650,000
  • STATUS: Active Under Contract
  • ON SITE: 101 Days
  • MLS #: 784413
Under Contract
$1,650,000
  • 0
    BEDS
  • 2.02
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 5,416
    SQFT
  • $305
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of R1 Colorado.


Description

Rare opportunity to purchase a solid investment property in the North Animas Valley. High visibility 2 acre location between Hwy 550 and County Road 203 just South of Trimble Lane. Apartment building on 1 acre with both Hwy 550 and CR 203 access and adjacent vacant acre to the South with access through the parking lot and via CR 203. Never a vacancy and always a waiting list. There are 9 studio units and 3 one bedroom units, as well as a separate laundry room with new washer & dryer. Construction of the two units (11 & 12) on the South end was completed in 2018 by the current owners. Most of the units have new cabinets, new appliances, and new flooring in the past three years. 11 Full baths

Monthly Payment Calculator

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 2021. 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: 2021-10-19T23:56:21.933.
www.durangomountainrealty.com/homes/119190937
Print Image

5802 County Road 203 Durango, CO 81301

  • Price: $1,650,000
  • Status: Active Under Contract
  • MLS #: 784413
0
Beds
10
Baths
0
½ Baths
2.02
Acres
5,416
SQFT
$305
$/SQFT
1971
Built
Neighborhood:
None
County:
La Plata
Area:
Durango Rural
Elementary School:
Animas Valley K-5
Middle School:
Miller 6-8
High School:
Durango 9-12
Property Description
Rare opportunity to purchase a solid investment property in the North Animas Valley. High visibility 2 acre location between Hwy 550 and County Road 203 just South of Trimble Lane. Apartment building on 1 acre with both Hwy 550 and CR 203 access and adjacent vacant acre to the South with access through the parking lot and via CR 203. Never a vacancy and always a waiting list. There are 9 studio units and 3 one bedroom units, as well as a separate laundry room with new washer & dryer. Construction of the two units (11 & 12) on the South end was completed in 2018 by the current owners. Most of the units have new cabinets, new appliances, and new flooring in the past three years. 11 Full baths
Exterior Features

Acreage Range 2-4.99 Approx Irrig Acres 0.5 Carport No Garage No Property Attached No Roof Metal Siding LogStucco Street Description CountyState Highway Views MountainsValley Water Well No Waterfront YN No

Interior Features

Appliance Inclusions DryerRange/OvenRefrigeratorWasher Cooling Central AirWindow Unit(S) Flooring CarpetTileVinyl Heating Fuel Source Forced Air One Quarter Baths 0 Total Office Dens 0

Property Features

Covenants No Green Certification No Hoa No Horse Setup No Multi Story No New Construction YN No Reo Lender Owned No Tax Year 2021 Terms 1031 ExchangeCashConventional Total Electric Meters 1 Total Gas Meters 1 Total Taxes 4176.40 Total Water Meters 1 Type Apartment Bldg. Water Rights Yes Year Remodeled 2020 Zoning Other

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 2021. 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: 2021-10-19T23:56:21.933.
 
https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_1_784413-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_1_784413-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_1_784413-2.jpg
Logo
Durango Mountain Realty
PO Box 17000
Durango CO, 81302
Listing courtesy of R1 Colorado.