623 Cedar Street

Buena Vista, CO 81211
  • $4,500,000
  • STATUS: Active
  • ON SITE: 160 days
  • MLS #: 5268455
UPDATED: 83 min ago
$4,500,000
  • 64
    BEDS
  • 0.09
    ACRES
  • 32
    BATHS
  • 0
    1/2 BATHS
  • 6,540
    SQFT
  • $688
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1996
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Re/Max Mountain Vista Properties.

Description

Great investment opportunity. A 32 unit complex located a few blocks from the Arkansas river. This complex is comprised of 4 buildings, each unit is just over 800 square feet boasting 9 foot ceilings in the lower level and vaulted ceilings on second level. Currently operated as an apartment complex, but have been changed to condominiums, and could be sold as individual units. They are 2 bedrooms, 1 bath/ laundry room, and have private porches and balconies. Great investment for a Buy and hold or buy and sell off individual units. Financials are available upon request.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than 8z Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2017 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

frontrange.8z.com/homes/74318684

623 Cedar Street Buena Vista, CO 81211

  • Price: $4,500,000
  • Status: Active
  • Updated: 83 min ago
  • MLS #: 5268455
64
Beds
32
Baths
0
½ Baths
0.09
Acres
6,540
SQFT
$688
$/SQFT
1996
Built
Neighborhood:
Buena Vista
County:
Chaffee
Area:
Buena Vista
Elementary School:
Avery Parsons
Middle School:
Mcginnis
High School:
Buena Vista
School District:
Buena Vista R-31
Property Description
Great investment opportunity. A 32 unit complex located a few blocks from the Arkansas river. This complex is comprised of 4 buildings, each unit is just over 800 square feet boasting 9 foot ceilings in the lower level and vaulted ceilings on second level. Currently operated as an apartment complex, but have been changed to condominiums, and could be sold as individual units. They are 2 bedrooms, 1 bath/ laundry room, and have private porches and balconies. Great investment for a Buy and hold or buy and sell off individual units. Financials are available upon request.
Exterior Features

Architectural Style Spanish/Sw Construction Materials Stucco Construction Methods Frame Exterior Features BalconyPatio Parking Off-Street (1 Spaces) Parking Features Driveway-Gravel Parking Total Searchable 1 Road Surface Paved Road Roof Metal Structural Style Multi-Story Style Characteristics Low Rise (1-3) Unit Access Exterior Access View Mountain View

Interior Features

Basement Floor Type Slab Basement Size None Cooling None Flooring CarpetVinyl/Linoleum Heating Baseboard Heating Fuel ElectricGas Kitchen Appliances DishwasherDisposalMicrowave OvenRefrigerator (Kitchen)Smoke AlarmStove/Range/Oven Laundry Availability W/D Hookups in Unit Sq Ft Above 6540 Sq Ft Finished 6540

Property Features

Additional Information Income PotentialTenant Occupied Annual Expense Actual 186075 Annual Expense Proj 186075 Annual Income Actual 348318 Annual Income Proj 346888 Annual Net Income Actual 162243 Annual Net Income Proj 160813 Building Area Source County Records Building Name Adobe Village Building Type Low Rise (All Units) Features Fire AlarmProfessionally Managed Has Hoa YN No Listing Financing CashConventional Number Of Units Furnished 0 Potential Rental Income Annual 346888 Real Estate Taxes 13253 Reports Available Profit/Loss Statement Seller Type Corporation/Trust Status Conditions None Known Tax Amount 13673.00 Tax Year 2017 Transaction Type For Sale Unit Count 1 Water Annual Expense 3068 Zoning Residential



Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than 8z Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2017 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

8z Real Estate
4041 Hanover, Suite 200
Boulder CO, 80305
Offered by Re/Max Mountain Vista Properties.