The Longmont Nine Pack is a unique opportunity to acquire 23 residential units divided over nine well-located assets in Longmont, none of which are more than 2 mile apart from each other. Comprised of a diverse unit mix of one-, two-, three-, and four-bedroom floorplans, the portfolio offers strong in-place… Read More income. Current gross annual rents exceed $566,700, with an average rent per unit ranging from $1,350 to $2,635 depending on unit size. Contact listing agent for offering memorandum and detailed info on each. Portfolio Details: 2229 Collyer St - (4) 1 BDR 1BA, (4) 2 BDR 1BA 2444,2446 Scott Ct - (2) 4 BDR 2 BA w 2 car garage each 1402,1404 Terry St - (1) 3 BDR 2BA w 2 car garage , (1) 3 BDR 2.5 BA w 1 car garage 321,323 10th Ave - (1) 2 BDR 1 BA, (1) 3 BDR 1BA 1345,1347 Emery St - (2) 3 BDR 1.5 BA w 1 car garage each 2114,2116 Dexter Dr - (2) 2 BDR 1 BA w 1 car garage each 1735,1737 Duchess Dr - (2) 2 BDR 1 BA w 1 car garage each 1734,1736 Princess Dr - (2) 2 BDR 1 BA 1136 Bross St - (1) 4 BDR 2 BA w 2 car garage Market Fundamentals: Longmont benefits from strong tenant demand, limited new multifamily supply, and growing pressure on housing affordability, positioning this portfolio as a compelling rental alternative to home ownership. Read Less
Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. [email protected]
Listing Snapshot
Days Online
145
Last Updated
Property Type
Multi Family
Square Ft.
23,921
Year Built
1980
MLS Number
5309565
30 Days Snapshot Of 80501
$480k
-3%
(avg) sold price
29
-36%
homes sold
66
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Effective Year Built: 2020, Occupant Type: Tenant, Total Area: 23921, Unit Count: 4, Unit Types: "Array", "Array", "Array", "Array", Built in 1980, 23 total units
Disclosures
Exclusions: Personal property belonging to tenants.
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
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.
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