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Do Real Estate on the Go!
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$3,575,000
60 Beds
- 40 Baths
28,800sqft
807 Legion St, Craig, CO 81625
$3,575,000
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Quadruplex
Built in 1976
$-- HOA
-- sqft lot
$124/sq.ft
Description
Marcus & Millichap is pleased to present Highland Green Apartments, a multifamily investment opportunity located in Craig, Colorado. Highland Green Apartments offers investors the opportunity to acquire a high-yielding asset with strong in-place cash flow and additional upside through continued operational efficiencies and organic rent growth. The property is currently projected at a 7.97% cap rate with upside to an 8.93% Year 1 cap rate alongside an estimated 13% cash-on-cash return on day one.
Positioned in a supply-constrained market, Highland Green Apartments benefits from growing demand for attainable housing throughout Northwest Colorado as renters continue seeki...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1976
HOA Fees
-
Finished Area
28,800 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
DENVER (RE COLORADO) MLS
MLS Number
9681597
MLS Status
Active
Days on Market
8
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