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By Car
Tools
Size
1
Bedroom
1
Full Bath
8,493 Sq Ft.
interior
0.96 Acres
Exterior
Financial
$650,000
Change Currency
$77
Price Per Sqft
$1,170
Annual taxes
Listing Details
Multi Family
Property type
1982
Year Built
10634618
Web Id
1003866
MLS ID
205
Days Posted
Description
211 Laramie Avenue Units 1-11,
Grover,
CO
80729
Grover, CO 80729
Investor's Dream! This property offers a fantastic opportunity with Gross Operating Income of $82,680, Net Operating Income of $55,895.98 and a Cap Rate of 8.6%, making it a solid addition to your portfolio. Operating expenses are kept manageable, including property taxes at $1,170.38, building insurance about $12,000, and utilities at $13,613.64, totaling $26,784.02 in gross operating expenses. The property also boasts a strong gross rent multiplier of 7.86, ensuring excellent value for your investment.Whether you're looking to expand your portfolio or secure a stable, income-generating asset, this listing offers everything you need for success.
This is an Active listing.
Broker Office Phone Number: 877-412-4811
Copyright © 2024Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 877-412-4811
Copyright © 2024Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price History
| date | price | variance | type |
|---|---|---|---|
| 9/4/2024 | $650,000 | 7.14 % | decreased |
| 2/25/2024 | $700,000 | - | Listed |
Listing By: RE/MAX Alliance-Greeley via Data Source: Information and Real Estate Services, LLC
listing agent: Chad Nixon
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