Listing Courtesy of: 9703305000 - Chad Nixon - RE/MAX Alliance-Greeley 970-330-5000

211 Laramie Avenue Units 1-11 Grover, CO 80729

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Multi-Family Residence
11 Beds
11 Baths
Sq. Ft.
0.96 Acre Lot

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Last updated on 11/13/2024 7:07 PM
Investor's Dream Opportunity! This property features two dwellings: a 7-unit building and a 4-unit building, offering a combined impressive Gross Operating Income of $82,680 and a Net Operating Income of $55,895.98, resulting in a strong Cap Rate of 10.16%.With manageable operating expenses totaling... $26,784.02, including property taxes of $1,170.38, building insurance around $12,000, and utilities at $13,613.64, this investment is designed for success. The property also boasts an attractive Gross Rent Multiplier of 6.65, ensuring excellent value.Whether you're looking to expand your portfolio or secure a stable, income-generating asset, this listing provides everything you need. Don't miss out on this fantastic opportunity! Continue reading
MLS#
1003866
Property Type
Multi-Family
Bedrooms
11
Bathrooms
Year Built
1982
Lot Size
0.96

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Listing Courtesy of: 9703305000 - Chad Nixon - RE/MAX Alliance-Greeley 970-330-5000
Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listing 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 source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES
This content last refreshed on 11/13/2024 7:07 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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