$550,000
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211 Laramie Avenue Units 1-11 Grover, CO 80729
Multi-Family
Residence
11
Beds
11
Baths
Sq. Ft.
0.96
Acre
Lot
Property Activity
Time on Site
days
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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!
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MLS#
1003866
Property Type
Multi-Family
Bedrooms
11
Bathrooms
Year Built
1982
Lot Size
0.96
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