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610 Stover St

Fort Collins, CO 80524
  • $3,995,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 954364
UPDATED: 36 min ago
$3,995,000
  • 0
    BEDS
  • 0.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,881
    SQFT
  • $581
    $/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. PLEASE DO NOT VISIT PROPERTY WITHOUT MAKING AN APPOINTMENT WITH THE LISTING AGENT. AND, PLEASE DO NOT BOTHER TENANTS.

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© 2021 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 Coldwell Banker Plains. Data last updated: 2021-12-06T09:41:13.933.
www.nocohomesources.com/homes/122984461
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610 Stover St Fort Collins, CO 80524

  • Price: $3,995,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 36 min ago
  • MLS #: 954364
0
Beds
0
Baths
0
½ Baths
0.62
Acres
6,881
SQFT
$581
$/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. PLEASE DO NOT VISIT PROPERTY WITHOUT MAKING AN APPOINTMENT WITH THE LISTING AGENT. AND, PLEASE DO NOT BOTHER TENANTS.
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Exterior Features Lighting Horse YN No Lot Features CurbsGuttersSidewalksFire Hydrant Within 500 FeetLawn Sprinkler SystemWoodedLevelWithin City Limits Property Attached YN No Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Other Spa YN No View City Waterfront YN No

Interior Features

Accessibility Features Level LotNear Bus Appliances Electric Range/OvenGas Range/OvenRefrigerator Basement None Heating Forced Air Heating YN Yes Interior Features Eat-In Kitchen Laundry Features Common Area Living Area Source Assessor Window Features Window Coverings

Property Features

Association YN No Cap Rate 5.22 Community Features Park Ditches Active YN No Electric Separate Meter Electricity Gas Separate Meter Gas Gross Income 241384.8 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional1031 Exchange Locale Fort Collins Net Operating Income 208574.8 New Construction YN No Operating Expense 32810 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Commercial Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 7325 Tax Year 2020 Tenant Pays DepositGasElectricity Utilities Cable Available Water Source City WaterCity Of Fort Collins Zoning Ncm

Listing information © 2021 Information and Real Estate Services
Listing provided courtesy of Randy Marshall of Doberstein Lemburg Commercial.



© 2021 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 Coldwell Banker Plains. Data last updated: 2021-12-06T09:41:13.933.
 
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