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832 S Bowen St - 4 plex on S Bowen
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832 S Bowen St - 4 plex on S Bowen
4 Unit Apartment Building Offered at $850,000 at a 4.58% Cap Rate in Longmont, CO 80501
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EXECUTIVE SUMMARY
New asphalt roof and gutters. Fully occupied 4 unit with long time tenants. 3 units have 2 bedrooms and 1 bath. 1 unit has 1 bedroom and 1 bathroom. All units have a large living room and eat in kitchen. 4+off road parking spaced. Refrigerators, Stoves and Hot water heat , Community laundry room . 2 Storage sheds and lots of parking. Owner pays water and sewer only. Please do not enter property without permission of listing agent.
PROPERTY FACTS
Price | $850,000 | Lot Size | 0.14 AC |
Price Per Unit | $212,500 | Building Size | 3,186 SF |
Sale Type | Investment | Average Occupancy | 100% |
Cap Rate | 4.58% | No. Stories | 2 |
Gross Rent Multiplier | 14.69 | Year Built | 1969 |
No. Units | 4 | Parking Ratio | 2.51/1,000 SF |
Property Type | Multifamily |
Price | $850,000 |
Price Per Unit | $212,500 |
Sale Type | Investment |
Cap Rate | 4.58% |
Gross Rent Multiplier | 14.69 |
No. Units | 4 |
Property Type | Multifamily |
Lot Size | 0.14 AC |
Building Size | 3,186 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1969 |
Parking Ratio | 2.51/1,000 SF |
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
7+4 | 4 | $1,250 | - |
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Walk Score®
Very Walkable (76)
PROPERTY TAXES
Parcel Number | 1315103-05-014 | Improvements Assessment | $44,093 |
Land Assessment | $8,274 | Total Assessment | $52,367 |
PROPERTY TAXES
Parcel Number
1315103-05-014
Land Assessment
$8,274
Improvements Assessment
$44,093
Total Assessment
$52,367
ZONING
Zoning Code | Multi |
Multi |
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832 S Bowen St - 4 plex on S Bowen
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