323 Circle Drive

Fort Morgan, CO 80701
Square Ft.
3,840
$1,398,000
Rare Investment Opportunity: Two Four-Unit Buildings in Fort Morgan, CO Addresses: • 323 Circle Drive, Fort Morgan, CO 80701 • 325 Circle Drive, Fort Morgan, CO 80701 Take advantage of this rare opportunity to invest in two income-generating buildings, being sold together. Each building features 4 spacious rental units, offeringRead MoreRead Less
Market LogoCourtesy of Newmark Real Estate Company [email protected]
Listing Snapshot
Days Online
7
Last Updated
Property Type
Multi Family
Square Ft.
3,840
Lot Size
0.19 Acres
Year Built
2000
MLS Number
2387992
30 Days Snapshot Of 80701
$344k
-5%
(avg) sold price
19
+11%
homes sold
120
+27%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "Public", Road Responsibility: "Public Maintained Road", Road Surface Type: "Dirt", "Paved"
Building
Architectural Style: "Traditional", Construction Materials: "Frame", "Vinyl Siding", Effective Year Built: 2017, Features: "Coin Laundry", Occupant Type: Tenant, Stories: 2, Structure Type: "Low Rise (1-3)", Total Area: 3840, Unit Count: 1, Unit Types: "Array", Built in 2000, 8 total units
Disclosures
Exclusions: Tenant's personal property.
Expenses
Operating Expense Includes: "Accounting", "Advertising", "Insurance", "Maintenance", "Professional Management", "Real Estate Tax", "Utilities", Operating Expense: $40,762, Projected Annual Expense: $40,762
Exterior Features
Features: "Balcony"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 65438.00, Gross Income: $106,200, Projected Annual Net Income: $69,638, Projected Gross Income: $110,400
Lot
Acres: 0.19, Area: 8185, Features: "Landscaped", "Sprinklers In Front", Parcel Number: 122907147003, Square Feet: 8185
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Taxes", "Trash Collection", "Water"
Parking
Parking Total: 0, Carport Spaces: 0, Offstreet Spaces: 0, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 0, Features: "Concrete"
Property
Current Use: "Multi-Family", Property Sub Type: Multi Family
Roof
Roof: "Composition"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 3375, Legal Description: SUBD: LANDMARK & TRIMEN MINOR SUB PLAT, FM LOT: C, Tax Year: 2024
Tenant Pays
Tenant Count: 0, Tenant Pays: "Cable TV", "Electricity", "Gas", "Internet", "Telephone"
Utilities
Electric: "220 Volts", Power Production Count: 0, Utilities: "Cable Available", "Electricity Connected", "Natural Gas Connected", Water Included, Water Source: "Public"
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Sarah Manshel
Team Leader / Realtor
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.