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$ 6,585,000
Est. payment | /mo
$ 6,585,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5309565
HOA Y/N No
Originating Board recolorado
Year Built 1980
Annual Tax Amount $10,057
Tax Year 2024
Property Sub-Type Multi Family
Property Description
The Longmont Nine Pack is a unique opportunity to acquire 23 residential units divided over nine well-located assets in Longmont, none of which are more than 2 mile apart from each other. Comprised of a diverse unit mix of one-, two-, three-, and four-bedroom floorplans, the portfolio offers strong in-place income. Current gross annual rents exceed $566,700, with an average rent per unit ranging from $1,350 to $2,635 depending on unit size. Contact listing agent for offering memorandum and detailed info on each.
Portfolio Details:
2229 Collyer St - (4) 1 BDR | 1BA, (4) 2 BDR | 1BA
2444,2446 Scott Ct - (2) 4 BDR | 2 BA w 2 car garage each
1402,1404 Terry St - (1) 3 BDR | 2BA w 2 car garage , (1) 3 BDR | 2.5 BA w 1 car garage
321,323 10th Ave - (1) 2 BDR | 1 BA, (1) 3 BDR | 1BA
1345,1347 Emery St - (2) 3 BDR | 1.5 BA w 1 car garage each
2114,2116 Dexter Dr - (2) 2 BDR | 1 BA w 1 car garage each
1735,1737 Duchess Dr - (2) 2 BDR | 1 BA w 1 car garage each
1734,1736 Princess Dr - (2) 2 BDR | 1 BA
1136 Bross St - (1) 4 BDR | 2 BA w 2 car garage
Market Fundamentals: Longmont benefits from strong tenant demand, limited new multifamily supply, and growing pressure on housing affordability, positioning this portfolio as a compelling rental alternative to home ownership.
Portfolio Details:
2229 Collyer St - (4) 1 BDR | 1BA, (4) 2 BDR | 1BA
2444,2446 Scott Ct - (2) 4 BDR | 2 BA w 2 car garage each
1402,1404 Terry St - (1) 3 BDR | 2BA w 2 car garage , (1) 3 BDR | 2.5 BA w 1 car garage
321,323 10th Ave - (1) 2 BDR | 1 BA, (1) 3 BDR | 1BA
1345,1347 Emery St - (2) 3 BDR | 1.5 BA w 1 car garage each
2114,2116 Dexter Dr - (2) 2 BDR | 1 BA w 1 car garage each
1735,1737 Duchess Dr - (2) 2 BDR | 1 BA w 1 car garage each
1734,1736 Princess Dr - (2) 2 BDR | 1 BA
1136 Bross St - (1) 4 BDR | 2 BA w 2 car garage
Market Fundamentals: Longmont benefits from strong tenant demand, limited new multifamily supply, and growing pressure on housing affordability, positioning this portfolio as a compelling rental alternative to home ownership.
Location
State CO
County Boulder
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
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Christina Kern
REALTOR® | Lic# FA40021351