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66733 US Highway 40
Granby, CO 80446

Winter Park Olympic Village · Multifamily Property For Sale · 20 Units

Apartment Buildings Colorado Granby 66733 US Highway 40, Granby, CO 80446

Investment Highlights

  • Investment Opportunity
  • Prime location for local workforce
  • Apartment Units in Hot Geography

PROPERTY FACTS

No. Units 20 Building Size 19,610 SF
Property Type Multifamily Average Occupancy 100%
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
 No. Stories 2
Apartment Style Garden Year Built 2005
Building Class B Parking Ratio 2.04/1,000 SF
Lot Size 25.12 AC
No. Units 20
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Garden
Building Class B
Lot Size 25.12 AC
Building Size 19,610 SF
Average Occupancy 100%
No. Stories 2
Year Built 2005
Parking Ratio 2.04/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Carpet
  • Deck
  • Patio

Site Amenities

  • 24 Hour Access
  • Courtyard

About 66733 US Highway 40 , Granby, CO 80446

Prime investment opportunity. Existing 20-unit fully-leased apartment complex with projected $195k NOI in 2020 v $171k actual in 2019. New unit rent as of January 2020 is $1295/mo. Multiple value-add opportunities available (storage lockers, garages, etc). New in 2020: All new water treatment, septic & leach fields complete November 1, 2020. All new water well (commercial service). All new paint. Grand County is exploding and rental property is at a premium. Rents continue to increase between 5-10% annually. Local resorts cannot hire enough people because local rental space is in short supply.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 18 $1,295 -
2+1 2 $1,295 -

Links

zoning

Zoning Code Grand County CM (Mobile Home/Modular)
Grand County CM (Mobile Home/Modular)
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  • Listing ID: 21371738

  • Date on Market: 10/30/2020

  • Last Updated:

  • Address: 66733 US Highway 40, Granby, CO 80446

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