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 $867,000 at a 6.24% Cap Rate in Longmont, CO 80501
Executive Summary
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 | $867,000 | Lot Size | 0.14 AC |
| Price Per Unit | $216,750 | Building Size | 3,186 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6.24% | 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 | $867,000 |
| Price Per Unit | $216,750 |
| Sale Type | Investment |
| Cap Rate | 6.24% |
| 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)
zoning
| Zoning Code | Multi |
| Multi |
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832 S Bowen St - 4 plex on S Bowen
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