863 E Main Street

    Rangely, CO 81621
    • $1,400,000
    • STATUS: Active
    • ON SITE: 116 days
    • MLS #: 20186384
    $1,400,000
    • 48
      BEDS
    • N/A
      ACRES
    • 24
      BATHS
    • 0
      1/2 BATHS
    • 19,960
      SQFT
    • $70
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    Area:

    School Ratings & Info

    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. Data last updated 3/24/2019.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 2019-03-24T00:15:31.617.

    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
    N/A
    Acres
    19,960
    SQFT
    $70
    $/SQFT
    1979
    Built
    Neighborhood:
    Other Area
    Area:
    Other Area
    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.
    Property Features

    Sewer Sewer Installed Type Apartments

    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. Data last updated 3/24/2019.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 2019-03-24T00:15:31.617.

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