863 E Main Street

    Rangely, CO 81621
    • $1,400,000
    • STATUS: Active
    • ON SITE: 180 days
    • MLS #: 20186384
    $1,400,000
    • 48
      BEDS
    • 1.12
      ACRES
    • 24
      BATHS
    • 0
      1/2 BATHS
    • 19,960
      SQFT
    • $70
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Multi-Family
    Built:
    1979
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    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.

    Monthly Payment Calculator

    © 2019 Grand Junction MLS. All Rights Reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Grand Junction Group at Keller Williams CO West Realty, LLC. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Grand Junction Group at Keller Williams CO West Realty, LLC. Data last updated 2019-05-27T00:15:26.78 UTC.

    www.grandjunctionhomesales.com/homes/89671991

    863 E Main Street Rangely, CO 81621

    • Price: $1,400,000
    • Status: Active
    • MLS #: 20186384
    48
    Beds
    24
    Baths
    0
    ½ Baths
    1.12
    Acres
    19,960
    SQFT
    $70
    $/SQFT
    1979
    Built
    Neighborhood:
    N/A
    Area:
    Other Area
    Elementary School:
    Rangely
    Middle School:
    Rangely
    High School:
    Rangley
    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.
    Exterior Features

    Approx Irrig Acres 0 Construction Wood Frame Design Two Buildings Exterior Features Other-See Remarks Exterior Siding Wood Landscaping Landscaped FrontOther-See Remarks Lot Description 100' - 150' FrontageOther-See Remarks Patio Deck None Roof Asphalt Composition Style 3+ Story

    Interior Features

    Appliances Dishwasher-AllElectric Range/Oven-AllGarbage Disposal-AllOther-See RemarksRefrigerator-All Basement Foundation Other-See RemarksSlab Cooling Type Window Unit(S) Fireplaces Other-See Remarks Floor CarpetLaminate Heating Type Hot Water Interior Features Ceiling Fan(S)Other-See Remarks

    Property Features

    Access Medical Inclusions Other - See Remarks Association Amenities LaundryOther-See Remarks Current Use Multi Family Electric Company Moonlake Elevation 5300 Energy Features None Fronts E Gas Co Moonlake How Built Site Built Irrigation Water No Lot Dimensions 250 X 180 Lot Size D: 1-1.99 Real Estate Incl Yes Rented Lot No Separate Electric Meters Yes Separate Gas Meters Yes Separate Water Meters No Sewer Sewer Installed Sewer Company Rangely Street Desc Access City/TownPaved Tax Year 2017 Taxes 2983 Type Apartments Water Other-See Remarks Water Company Rangley Year Remodeled 2006 Zoning Com Res Multi 9+

    Listing courtesy of Kyle Serrano of Bray/Commercial.
    © 2019 Grand Junction MLS. All Rights Reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Grand Junction Group at Keller Williams CO West Realty, LLC. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Grand Junction Group at Keller Williams CO West Realty, LLC. Data last updated 2019-05-27T00:15:26.78 UTC.

     
    The Grand Junction Group at Keller Williams CO West Realty, LLC
    2474 Patterson Road, Suite 100
    Grand Junction CO, 81505