PRIME investment property, right on the CSU campus! Turn-key 4-plex with zero vacancy for many years running. At a CAP rate of over 6.0 and approaching $60k in annual income, this is a rare find in this prime Fort Collins location. This will be the gem of your investment portfolio for years to come, as Fort Collins and CSU only continue to become one of the most sought after locations in the country. Very easy to manage 1 bed/1 bath units. Low maintenance brick exterior. All units currently rented through summer 2024. Two units are garden level, the other two are above ground. Rent out three units to cover all your living expenses. Currently managed by property management company if you want turn-key convenience, but buyer is not required to continue using management company if you don't want to. Call today for more information, rent rolls, and expense reports.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by the 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 or may not be listed by the office/agent presenting the information. IDX Data is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by RECOLORADO®. Properties displayed may be listed or sold by various participants in the MLS. Updated: 9th December, 2023 5:48 PM (UTC)
Listing Agent: The Mullenberg Team
Listing Office: EXp Realty - Northern CO
Attribution contact: 970-889-0371
The W Real Estate Group - Metro Brokers7851 S Elati Street Suite 101Littleton, Colorado 80120