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Address
863 E Main Street Rangely, CO
Price
$ 1,400,000
Property Attributes
  • MLS#20186384
  • TypeMulti-Family
  • CountyEAGLE
  • CityRangely
  • Zip81621
  • Style3+ Story
  • Year Built1979
  • Taxes2983
  • Price$ 1,400,000
  • Bedrooms48
  • Full Bathrooms24
  • Half Bathrooms0
  • Sqr Footage19960
  • Lot Size1.12 Acres
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
Rangely Elementary School Rangely Middle School Rangley High School
Price History
11/27/2018 Listed $1,400,000

General Features

Association Amenities Laundry, Other-See Remarks
Construction Wood Frame
Electric Company Moonlake
Energy Features None
Listing Area Other Area
Property Type Multi-Family
Style 3+ Story
Subdivision CO
Subdivision N/A
Type Apartments
Zoning COM Res Multi 9+

Interior Features

Appliances Dishwasher-All, Electric Range/Oven-All, Garbage Disposal-All, Other-See Remarks, Refrigerator-All
Basement/foundation Other-See Remarks, Slab
Cooling Window Unit(s)
Flooring Carpet, Laminate
Heating Hot Water
Interior Features Ceiling Fan(s), Other-See Remarks
Number of Fireplaces Other-See Remarks
Total Number of Units 24
Ttl Bldg Sqft 19960

Exterior Features

Design Two Buildings
Exterior Wood
Exterior Features Other-See Remarks
Landscaping Landscaped Front, Other-See Remarks
Lot Description 100' - 150' Frontage, Other-See Remarks
Lot Dimensions 250 x 180
Lot Size Area D: 1-1.99
Lot Size Source GIS
Patio/Deck None
Roof Asphalt Composition
Sewer Sewer Installed
Water Other-See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • 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
Taxes
AVG $2,983
$2,983
Visits
AVG 260
259
Year Built
AVG 1979
1979
Walkscore
AVG 34
34
Data Provided by Walkscore ® not using MLS data

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