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3,696 SqFt
$ 1,150,000
Est. payment | /mo
3,696 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,696 sqft
Price per Sqft $311
MLS Listing ID 7373125
HOA Y/N No
Year Built 1978
Annual Tax Amount $6,984
Tax Year 2025
Property Sub-Type Multi Family
Source recolorado
Property Description
Located in the heart of Longmont, one of Colorado's most desirable secondary markets. The property sits within walking distance of parks, a golf course, fitness, coffee, Longmont High School, and everyday retail, offering residents exceptional convenience and
access to the amenities that drive sustained renter demand. The asset consists of six oversized units — five two-bedroom / one-bath at approximately 830 square feet and one one-bedroom / one-bath at approximately 700 square feet. Residents benefit from six carports with additional storage, off-street parking allocated at two spaces per unit, and large private balconies on four of the six units. Well maintained by long-term tenants, the property operates as a stable, well-run community. The most compelling element of this asset is the clear, near-term value-add strategy embedded in the current rent roll — several units sit well below market, giving an incoming investor an immediate path to meaningfully grow NOI as rents are brought to market.
access to the amenities that drive sustained renter demand. The asset consists of six oversized units — five two-bedroom / one-bath at approximately 830 square feet and one one-bedroom / one-bath at approximately 700 square feet. Residents benefit from six carports with additional storage, off-street parking allocated at two spaces per unit, and large private balconies on four of the six units. Well maintained by long-term tenants, the property operates as a stable, well-run community. The most compelling element of this asset is the clear, near-term value-add strategy embedded in the current rent roll — several units sit well below market, giving an incoming investor an immediate path to meaningfully grow NOI as rents are brought to market.
Location
State CO
County Boulder
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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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 MODUS Real Estate
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