202-208 E Longs Peak Avenue, Longmont CO 80504
$2,400,000
Property Description
202-208 E Longs Peak Avenue is a rare opportunity to acquire a well-maintained, 8 unit building in Boulder County. The spacious, two-story townhome-style units are located blocks from the rapidly developing downtown district with an abundance of shopping, restaurant, and entertainment options. New ownership can assume an attractive loan, as well as add value by lightly renovating 7 of the units to greatly increase monthly revenue. INVESTMENT SUMMARY List Price: $2,400,000 Total Units: 8 Price/Unit: $300,000 Price/SF: $285.04 Current Cap Rate: 4.41% Proforma Cap Rate: 6.18%General Features
MLS: 5850206 | Status: Active |
Total SqFt: 8,420ft² | Acreage: 0.27 acres |
Lot Size: 11,750ft² |