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Address
863 E Main Street Rangely, CO
Price
$ 1,400,000
Property Attributes
  • MLS#20186384
  • TypeMulti-Family
  • CountyEAGLE
  • CityRangely
  • Zip81621
  • StyleApartments
  • Price$ 1,400,000
  • Bedrooms48
  • Full Bathrooms24
  • Half Bathrooms0
  • Sqr Footage19960
Listing Provided Courtesy Of:
BRAY/COMMERCIAL
Property Description

24 units in 2 apartment complex's located in Rangely CO (863 E Main Street & 125 Darius Avenue). Generate great cash flow with the #1 apartment complex in the area. Located less than 2 miles away from a college enrolling 1,550 students, these units lease out quick with each at 950 SF/2 bedroom/1 bath set up. Recently remodeled, the units are in great condition and are composed of many long term tenants and college students staying 2+ years. Management currently in place, with large value-add for increased income with laundry, and increased rents up to fair market value. Separately metered for electric and gas, tenants pay rent + gas and electric. Contact agents for P&Ls & rent roll.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
11/27/2018 Listed $1,400,000

General Features

Listing Area Other Area
Property Type Multi-Family
Subdivision CO
Type Apartments

Interior Features

Total Number of Units 24
Ttl Bldg Sqft 19960

Exterior Features

Sewer Sewer Installed

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 81621

Price
AVG $1.4M
$1.4M
Visits
AVG 190
189
Year Built
AVG 1979
1979
Walkscore
AVG 34
34
Data Provided by Walkscore ® not using MLS data

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