Do Real Estate on the Go!
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Do Real Estate on the Go!
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$990,000
-- Bed
- -- Bath
2,850sqft
1746 Cove Ct, Longmont, CO 80503
$990,000
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Single Family Residence
Built in 1975
$-- HOA
10,773 sqft lot
$347/sq.ft
Description
Located on a quiet cul-de-sac just steps from Longmont’s beautiful McIntosh Lake, 1746 Cove Court presents a turn-key memory care residence with strong cash flow and expansion upside. The property is currently licensed for 8 residents at an average private-pay rate of $5,600 per bed, generating an estimated net operating income of over $100,000 annually for an owner-operator without rent expense. The owner has already submitted plans to FGI to expand the capacity to 12 residents, providing meaningful revenue growth potential. The single-level, 3,048 sq. ft. floor plan offers large private bedrooms, an open living and dining area, and a peaceful covered patio. Surrounded b...
Continue ReadingProperty Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1975
HOA Fees
-
Finished Area
2,850 sqft
Lot Size
10,773 sqft lot
Basement Area
- sqft
MLS Name
DENVER (RE COLORADO) MLS
MLS Number
1787485
MLS Status
Active
Days on Market
22
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