Description
Well maintained low maintenance Apartment Complex with four 12 unit, 3 story buildings. The 48 two bedroom one bath units (plus managers office and common laundry facility) were built in 1996 and total 39,552 sq ft. 25% (12 units)/25% are under rent controlled by the State of Colorado/ CHFA, this expires in 5.5 years according to the LURA Agreement. Each unit is separately metered and has all appliances which include a electric range/oven, refrigerator, dishwasher, plus forced air gas heat furnace and water heater. This apartment has a on site manager and a great rental history. Current Owners have remodeled apprx 40% of the units. ALL New Roofs in 2019. Solid investment.
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0BEDS
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3.26ACRES
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0BATHS
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01/2 BATHS
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39,552SQFT
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$243$/SQFT
School Information
Description
Well maintained low maintenance Apartment Complex with four 12 unit, 3 story buildings. The 48 two bedroom one bath units (plus managers office and common laundry facility) were built in 1996 and total 39,552 sq ft. 25% (12 units)/25% are under rent controlled by the State of Colorado/ CHFA, this expires in 5.5 years according to the LURA Agreement. Each unit is separately metered and has all appliances which include a electric range/oven, refrigerator, dishwasher, plus forced air gas heat furnace and water heater. This apartment has a on site manager and a great rental history. Current Owners have remodeled apprx 40% of the units. ALL New Roofs in 2019. Solid investment.
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This data was last updated: 2022-07-05T16:56:47.233.