$3,295,000
Granby, CO 80446
MLS# 21-726
Status: Closed
40 beds | 40 baths | 27916 sqft
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Property Description
Prime investment opportunity. Existing 20-unit fully-leased apartment complex with projected $195k NOI in 2020 v $171k actual in 2019. New unit rent as of January 2021 is $1295/mo. Multiple value-add opportunities available (storage lockers, garages, etc). New in 2020: All new water treatment, septic & leach fields complete November 1, 2020. All new water well (commercial service). All new paint.
Details
Maps
Contract Information
Current Price: $3,050,000
Book Section: Income/Commercial/Ranch
Status: Closed
Begin Date: 2021-05-01
Sold Date: 2021-06-08
Sold Price: $3,050,000
Under Contract Date: 2021-05-03
Percent Ownership: Full
BB Comm: 2.5
BB Comm Type: %
Reservations: Not Applicable
1st Right of Refusal: No
List Price Per SqFt: 171.9
Sold Price Per SqFt: 159.1193
Location, Legal and Taxes
Area: Granby Area
House Number: 66733
Street Name: US HWY 40
County: Grand
State/Province: CO
Postal Code: 80446
Parcel Number: 145130400001
Association Y/N: No
Taxes: 4348.2
Tax Year: 2020
Tax Schedule #: R110071
Subdivision: GRANBY
Legal: Subd: METES & BOUNDS 76 ALL 25.12 AC+/- PER LS-801 BEING 17.37 AC IN SW4SE4 & 7.75 AC IN SE4SE4, SEC 30, T1N, R76
FIRPTA (Foreign Investment in Real Property Act): No
General Property Description
Realtor.COM Type: Commercial
Total SqFt: 27916
Finished SqFt: 19168
Style: NOT APPLICABLE
Lot Size: 25 Acres
Acres: 25.12
Total Bedrooms: 40
Total Bathrooms: 40
Total Full Baths: 40
Garage Type: None
Miscellaneous
Minimum Earnest $: 100000
Sales Transfer Tax: No
Water Source
Community: n/a
Public: n/a
Well: Well In
Sewer Source
Community: n/a
Public: n/a
Septic: Septic In
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.