Description
Stabilized high-performing rental 4-plex in a growing area! 6+ CAP rate with current rents. Recent appraisal at $1.1M! Minimal expenses with xeriscaped front yards and all utilities billed to tenants with separate meters. Easy access to I-25 & only 15 minutes from Fort Collins. Each unit is a 2-story townhome style with a 1-car detached garage with alley access. Private backyards for every unit, 2 bedrooms upstairs. 1 1/2 bath, with stackable washer and dryers in each unit. Tenants all pay $1600/mo on month-to-month leases. All tenants have been long-term tenants.
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2BEDS
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0.32ACRES
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0BATHS
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01/2 BATHS
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4,264SQFT
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$223$/SQFT
School Information
Description
Stabilized high-performing rental 4-plex in a growing area! 6+ CAP rate with current rents. Recent appraisal at $1.1M! Minimal expenses with xeriscaped front yards and all utilities billed to tenants with separate meters. Easy access to I-25 & only 15 minutes from Fort Collins. Each unit is a 2-story townhome style with a 1-car detached garage with alley access. Private backyards for every unit, 2 bedrooms upstairs. 1 1/2 bath, with stackable washer and dryers in each unit. Tenants all pay $1600/mo on month-to-month leases. All tenants have been long-term tenants.
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