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