Calling all Investors! Own a piece of Alamosa's vibrant cultural scene with this completely updated 4-unit apartment building. This turnkey property boasts a robust rental history in a convenient location near Cole Park and Cattails Golf Course. Seller is offering a 20,000 Seller Concession for exterior or other improvements and 6-month property management included if under contract prior to 12/31/2024. Full concession is contingent upon the Buyer purchasing 60 & 62 Cascade Ave. Upstairs there are 2-bedroom units and comfortable 1-bedroom apartments on the lower floor, all featuring a refresh. The kitchen has all the basic appliances and a dishwasher included for tenant convenience. No need to make trips to the laundromat, there is a washer and dryer in each apartment. Bonus! Seller concession available for exterior improvements or interest rate buy down. Inquire for details. Double The Opportunity! The adjacent property at 62 Cascade Ave, a single family 4 bedroom, 2 bath home, is also available. This presents a unique chance to capitalize on Alamosa's booming market with both the apartment building and the adjacent home. Beyond the property, Alamosa offers a unique blend of small-town charm and outdoor adventure. Recently named USA Today's Reader's Choice Winner for Best Small Town Cultural Scene, the area boasts a thriving arts scene, exciting events, and a rich heritage. Investors will further appreciate Alamosa's growing popularity as a tourist destination, with easy access to Great Sand Dunes National Park and a variety of outdoor adventures. Don't miss out on this income-generating gem! Schedule a showing today.
The median home value in Alamosa, CO is $302,500. This is higher than the county median home value of $292,200. The national median home value is $338,100. The average price of homes sold in Alamosa, CO is $302,500. Approximately 37.24% of Alamosa homes are owned, compared to 54.32% rented, while 8.45% are vacant. Alamosa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Alamosa real estate agent to arrange a tour today!
Alamosa, Colorado has a population of 9,704. Alamosa is more family-centric than the surrounding county with 35.24% of the households containing married families with children. The county average for households married with children is 31.1%.
The median household income in Alamosa, Colorado is $43,153. The median household income for the surrounding county is $46,217 compared to the national median of $69,021. The median age of people living in Alamosa is 28.7 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of -2.2 degrees. The average rainfall is approximately 8.7 inches per year, with 29.9 inches of snow per year.