3011 17th Ave | 3011 17th Ave
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3011 17th Ave 3011 17th Ave
6 Unit Apartment Building $1,600,000 ($266,667/Unit) 4.57% Cap Rate Longmont, CO 80503
Investment Highlights
- The property has been partially renovated, with upgraded units that feature new countertops, new bathrooms, updated windows and flooring.
- There is ample parking available for residents.
Executive Summary
This multifamily property at 3011 17th Ave features a charming brick exterior and includes six 2-bed/1.5-bath apartments. The property has been partially renovated, with upgraded units that feature new countertops, new bathrooms, updated windows and flooring, and in-unit laundry. There is ample parking available for residents.
Property Facts
| Price | $1,600,000 | Apartment Style | Low Rise |
| Price Per Unit | $266,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 4.57% | Building Size | 6,720 SF |
| Gross Rent Multiplier | 14.38 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1977 |
| Property Type | Multifamily | Parking Ratio | 1.79/1,000 SF |
| Property Subtype | Apartment |
| Price | $1,600,000 |
| Price Per Unit | $266,667 |
| Sale Type | Investment |
| Cap Rate | 4.57% |
| Gross Rent Multiplier | 14.38 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 6,720 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 1.79/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 1205322-03-010 | Improvements Assessment | $59,442 |
| Land Assessment | $17,273 | Total Assessment | $76,715 |
PROPERTY TAXES
Parcel Number
1205322-03-010
Land Assessment
$17,273
Improvements Assessment
$59,442
Total Assessment
$76,715
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3011 17th Ave | 3011 17th Ave
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