Located on the Western Slope of Colorado in the historic town of Collbran, this 4-Plex offers small town living and a great investment opportunity. The location is great with outdoor recreation in every direction, within a short drive on the scenic routes along Highways 330 and 65 from the I-70 corridor. Recently remodeled, 2 story building with Battlement Mountain Range views have (2) 2 bedroom and (2) 3 bedroom units. All units recently upgraded with many features in well-designed floor plans. New carpet, laminated/vinyl flooring, tile and new paint throughout each room. Large closets in the bedrooms and hallway closets with shelving. New light fixtures, updated bathrooms and electric radiant ceiling heat. Efficiency kitchens with new wood cabinets, refrigerator, electric range/oven, and double sink. Washer and dryer for each unit is included. Community lawn and patio sitting area for tenants and new gravel in the parking area. These units can be sold individually as condos if desired. Each unit has its own meter and all units are currently producing income. UPS, FedEx, daily deliveries, landline, satellite, internet, trash service available. Close to town for many services, events, or a stroll along the quaint streets beneath solar vintage lights. Within minutes to Powderhorn Ski Resort, Grand Mesa National Forest and Vega Reservoir. Perfect opportunity to own investment property in a small town with an ample amount of outdoor Colorado recreation.
The median home value in Collbran, CO is $550,000. This is higher than the county median home value of $376,500. The national median home value is $338,100. The average price of homes sold in Collbran, CO is $550,000. Approximately 63.79% of Collbran homes are owned, compared to 17.24% rented, while 18.97% are vacant. Collbran 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 Collbran real estate agent to arrange a tour today!
Collbran, Colorado has a population of 579. Collbran is less family-centric than the surrounding county with 27.5% of the households containing married families with children. The county average for households married with children is 29.15%.
The median household income in Collbran, Colorado is $42,083. The median household income for the surrounding county is $62,127 compared to the national median of $69,021. The median age of people living in Collbran is 22.8 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 11.4 degrees. The average rainfall is approximately 15.4 inches per year, with 55.2 inches of snow per year.