Kirsten Blunck - Coldwell Banker Distinctive Properties
333 Park Avenue
Rifle, CO 81650

$1,465,000

Description

GREAT INVESTMENT OR 1031 EXCHANGE PROPERTY WITH EXCELLENT RENTAL HISTORY!17 unit apartment building with 8 - 2BR units and 9 - 1BR units, easy walking distance to downtown Rifle, as well as parks and public transportation. 16 units have been recently remodeled along with roof work and exterior improvements including many of the windows and other exterior improvements. Occupancy rate is excellent. On site coin-laundry for tenants, paved parking areas. Excellent CAP rate! Rents increasing! Minimum 24 hour notice for showings.

Details

MLS#150683
Sub-TypeResale
StatusActive
Year1964
Days On Site469

Features

SQ Feet11,682

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Area Information

StateCO
CountyGarfield
CityRifle
Zip Code81650
AreaRifle
Listing VS Median (in 81650)
Price:
$1,465,000
low | high
Med:
$275,000
100% of Average
SqFt:
11,682
low | high
Med:
528
100% of Average
$ / SqFt:
$125
low | high
Med:
$130
46.171075085324% of Average
On Site:
469
low | high
Med:
217
100% of Average
Listing Updated: 12/12/2018
MLS Number: 150683
Listing Provided By:
Michael R. Kennedy  of  REMAX Mountain West

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Aspen Board of Realtors MLS.