610 Stover St

    Fort Collins, CO 80524
    • $3,000,000
    • STATUS: Active
    • ON SITE: 85 days
    • MLS #: 885894
    UPDATED: 121 min ago
    $3,000,000
    • 0
      BEDS
    • 0.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,881
      SQFT
    • $436
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Investment opportunity to own a 14 unit apartment property in the Old Town Fort Collins area. With rental vacancies at historic lows and both Colorado State University and Fort Collins growing in record numbers, apartment rates are projected to continue to increase, especially in the Old Town area. Each unit is single-story with front door walkout to a beautifully landscaped common area lawn.

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    © 2019 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or 8z Real Estate. Data last updated: 2019-09-14T23:38:27.363.
    frontrange.8z.com/homes/96188269

    610 Stover St Fort Collins, CO 80524

    • Price: $3,000,000
    • Status: Active
    • Updated: 121 min ago
    • MLS #: 885894
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.62
    Acres
    6,881
    SQFT
    $436
    $/SQFT
    1950
    Built
    Neighborhood:
    //10186-FTC BLK 186
    County:
    Larimer
    Area:
    09 Fort Collins area
    Elementary School:
    Laurel
    Middle School:
    Lesher
    High School:
    Poudre
    School District:
    Poudre
    Property Description
    Investment opportunity to own a 14 unit apartment property in the Old Town Fort Collins area. With rental vacancies at historic lows and both Colorado State University and Fort Collins growing in record numbers, apartment rates are projected to continue to increase, especially in the Old Town area. Each unit is single-story with front door walkout to a beautifully landscaped common area lawn.
    Exterior Features

    Construction Wood/Frame Location Description Wooded LotEvergreen TreesDeciduous TreesLevel LotHistoric District Lot Improvements Street PavedCurbsGuttersSidewalksStreet LightFire Hydrant Within 500 Feet Property Styles 1 Story/Ranch Property Views City View Road Access City Street Waterfront No

    Interior Features

    Basement Foundation No Basement Design Features Eat-In Kitchen Disabled Accessibility Features Level LotNear BusNo StairsMain Floor BathMain Level Bedroom Heating Wall Heater Inclusions Electric Range/OvenRefrigeratorMicrowaveSatellite DishDisposal Unit1 Bedrooms 3 Unit2 Bedrooms 1 Unit3 Bedrooms 1

    Property Features

    Capitalization Rate 5.33 Energy Star Certified No Gross Operating Income 192003.6000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Fort Collins Nahb Certified No Net Operating Income 159956.6000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Multi Family Tax Year 2018 Taxes 6562 Tenant Pays DepositGasElectricWaterSewerProperty TaxesBuilding InsuranceExterior MaintenanceTrash Total Operating Expense 32047.0000 Utilities Electric Zoning Ncm

    Listing information © 2019 Information and Real Estate Services
    Listing provided courtesy of Randy Marshall of Doberstein Lemburg Commercial.



    © 2019 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or 8z Real Estate. Data last updated: 2019-09-14T23:38:27.363.
     
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