All deals
Real Estate
3035 17th Avenue — Longmont, Colorado
Eight renovated units at a disclosed 6.41% cap rate
Longmont, Colorado· Multifamily / Apartment Building· Editorial score 86
Opportunity teaser
Fully renovated townhome-style multifamily property with private patios, in-unit laundry and individual gas and electric metering.
Why it may be interesting
Turnkey condition, current cash flow and proximity to Boulder County employment and amenities may reduce near-term capital requirements.
Risks and open questions
Verify the rent roll, trailing operating statements, lease terms, tenant deposits, renovation invoices, taxes, insurance, zoning and the stated NOI and occupancy.
Key figures
- Price
- $1.99M
- NOI
- $127.6K
- Cap rate
- 6.41%
- Occupancy
- 100.0%
- Units
- 8
- Square feet
- 6,912
- Asset class
- Multifamily
- Geography
- Longmont, Colorado
Disclosure
Curated from a public commercial-property listing. Financial, occupancy and property information is broker or owner supplied and has not been independently verified. Merge & Acquire does not represent the owner, broker or marketplace for this opportunity.