$3,795,000
Granby, CO 80446
MLS# 21-1101
Status: Closed
11 beds | 11 baths
1 / 11
Property Description
The Granby Dairy Suites apartment complex is by far the nicest and most well-appointed complex in Grand County. Constructed in 2019, the Dairy Suites consists of 12 units; each fully furnished 1 bedroom unit includes a full-size W/D, quartz counters, stainless appliances Maytag appliances, subway tile backsplash, quality flooring, and tenant storage lockers. Technically it is 11 single bedroom units and 1 studio. Units lease to local professionals for $1865/mo and pets are not allowed. Occupancy is at 100% although 1 unit is currently in the short-term rental pool at $200/night and making a great return. Listing price equates to a 6.0% Cap rate at 100% occupancy.
Details
Maps
Contract Information
Current Price: $3,825,000
Book Section: Income/Commercial/Ranch
Status: Closed
Begin Date: 2021-07-14
Sold Date: 2021-09-20
Sold Price: $3,825,000
Under Contract Date: 2021-07-27
Percent Ownership: Full
BB Comm: 3
BB Comm Type: %
Reservations: Not Applicable
1st Right of Refusal: No
Location, Legal and Taxes
Area: Granby Area
House Number: 106
Street Direction Pfx: East
Street Name: JASPER
Street Suffix: Avenue
County: Grand
State/Province: CO
Postal Code: 80446
Parcel Number: 132931419007
Association Y/N: No
Taxes: 3664.68
Tax Year: 2021
Tax Schedule #: R086640 & R086470
Subdivision: GRANBY
Legal: Subd: GRANBY Lot: 30-32 Block: 1 PERSONAL PROPERTY IN BUSINESS
FIRPTA (Foreign Investment in Real Property Act): No
Common Road Name: East Jasper Avenue
General Property Description
Realtor.COM Type: Commercial
Style: NOT APPLICABLE
Lot Size: .215
Acres: 0.21
Total Bedrooms: 11
Total Bathrooms: 11
Garage Type: None
Miscellaneous
Minimum Earnest $: 100,000
Sales Transfer Tax: No
Water Source
Community: n/a
Public: Tap Paid
Well: n/a
Sewer Source
Community: n/a
Public: Tap Paid
Septic: n/a
Utilities
Cable TV: Connected
Electric: Connected
Natural Gas: Connected
Special Listing Conditions
Real Estate Owned: No
Property Features
Construction: Modular - UBC
Listing Office: Sanderson Commercial Real Estate
Last Updated: September - 29 - 2022
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.