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1041 W 24th Street

Rifle, CO 81650
  • $3,075,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 792869
UPDATED: 13 min ago
$3,075,000
  • 0
    BEDS
  • 3.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 27,115
    SQFT
  • $113
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2006
County:
Area:

School Ratings & Info

Listing courtesy of Engel & Vãƒâ€“Lkers Telluride.


Description

Eagle's Nest is a section 42 affordable apartment community, owner managed, in Rifle CO. The property is being offered free and clear of debt to a new investor. This investment opportunity, built in 2006, includes 8 one-bedroom (each at 689 square feet), 13 two-bedroom (each at 862 square feet, with one at 1,148), and 9 three-bedroom (each at 1,148 square feet) apartments as well as an 1,148 square foot office spread across 3.9 acres in Rifle, CO. The property includes additional rentable storage spaces as well as on-site laundry and a playground area. Cap rate is 4.5%. Apartments are currently at 100% occupancy with a waiting list. New rent roles will be available in May. Contact broker for more details regarding leases and operations.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Dalynn Trujillo | Bluebird Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-06-25T06:57:24.037.
www.dalynntrujillo.com/homes/128220222
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1041 W 24th Street Rifle, CO 81650

  • Price: $3,075,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 13 min ago
  • MLS #: 792869
0
Beds
0
Baths
0
½ Baths
3.9
Acres
27,115
SQFT
$113
$/SQFT
2006
Built
Neighborhood:
Other Area
County:
Garfield
Area:
Other Area
Property Description
Eagle's Nest is a section 42 affordable apartment community, owner managed, in Rifle CO. The property is being offered free and clear of debt to a new investor. This investment opportunity, built in 2006, includes 8 one-bedroom (each at 689 square feet), 13 two-bedroom (each at 862 square feet, with one at 1,148), and 9 three-bedroom (each at 1,148 square feet) apartments as well as an 1,148 square foot office spread across 3.9 acres in Rifle, CO. The property includes additional rentable storage spaces as well as on-site laundry and a playground area. Cap rate is 4.5%. Apartments are currently at 100% occupancy with a waiting list. New rent roles will be available in May. Contact broker for more details regarding leases and operations.
Exterior Features

Carport No Lot Dimension 3.9 Acres Stories 2 Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 27115 Office Sq Ft 1148 One Quarter Baths 0 Total Offices 1

Property Features

Books Available No Cam No Covenants Yes Current Use Other Exchange Trade No Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use Other Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2022 Total Taxes 28840 Type Business Opp Available Variable Rate No Water Rights No

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Dalynn Trujillo | Bluebird Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-06-25T06:57:24.037.
 
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Dalynn Trujillo | Bluebird Real Estate
211 Elk Avenue
Crested Butte CO, 81224
Listing courtesy of Engel & Vãƒâ€“Lkers Telluride.