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$2,950,000

1619-1701 Palm Dr Fort Collins CO 80526, Fort Collins, Colorado, 80526

Property Description
2 Bedrooms
9,720 Sqft
Year Built: 1970
Building Area: 9,720 Sqft
Lot Area: 30,492 Sqft

Amazing opportunity to purchase 3 – Fort Collins 4 plexes just west of CSU. In place 6 CAP and room to increase rents 10% + come August. 9 of the 12 units have been fully updated in 2022 including new kitchens, appliances, bathrooms, doors/trim, LVP floors, paint. All 12 units are 810 SF 2 BR/1 BA units and have brand new windows, concrete patios and walk ways. Several new furnaces, water heaters and AC’s! New asphalt parking lot has 24 off street parking spots. Over $600k in renovations!!! Professionally managed. Each 4 plex is separately deeded and qualifies for 1-4 unit financing yet the properties are next door to one another. Leases run through 7/31/23. 3 tenants have been at the property for years and would like to stay.

About This Property
Income Property
$15,120
: Not New, Previously Owned
Building Details
: Wood/frame, Brick/brick Veneer
: Ranch
: Composition
: Curbs, Sidewalks, Fire Hydrant Within 500 Feet
: Dishwasher, Refrigerator, Electric Range/oven
: Washer/dryer Hookups
: Forced Air
: Central Air
: Natural Gas, Xcel
$0
Address Map
1619-1701 Palm Dr Fort Collins CO 80526
CO
Larimer
Fort Collins
80526
0
W106° 52' 3.5''
N40° 34' 0.6''
Elliott Miller Foothills West
Additional Information
71
P24382
NOVE1
: Cash, Conventional, Fha
1
12
: Private Owner, Licensed Owner
2021
NC
0 Sqft
$0
0 Sqft
$0
$0
$0
$0
0 Sqft
Utilities and Services
: Natural Gas Available, Electricity Available
: City Water, City Of Fort Collins
: City Sewer
: City Street
Bauder
Rocky Mountain
Blevins

Fort Collins

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    Listing ID #977743
    Right Sidebar Info
    Listing Type : For Sale
    Price : $2,950,000
    Bedrooms : 2
    Bathrooms Total : 1
    Square Footage : 9,720 Sqft
    Year Built : 1970
    Lot Area : 30,492 Sqft
    Interior Features : High Speed Internet
    Status : Active/backup
    Property Type : Residential Income
    Listing ID : 977743
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