Listed by Kaufman Hagan Commercial Real Estate
$1,100,000
1637 Kimbark St, Longmont
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,620
Units 8
Cap Rate 7.48%
NOI $82,307
Pro-Forma Cap Rate 7.93%
Pro-Forma NOI $87,184
Price per SqFt $238
Broker Co-Op Yes
Year Built 1966
Year Renovated 2020
Buildings 1
Stories 2
Lot Size (SqFt) 7,623
Parking Spaces 8 spaces
Parking Per SqFt 1.73
Investment Type Stabilized
Turnkey Longmont Multifamily | 8 Units | $137,500/unit
Marketing description
County: Boulder
Year Built: 1966
# Buildings: 1
# Stories: 2
Construction: Brick
Roof Type: Pitched
GBA: 4,620 SF
Lot Size: 7,623 SF
Parking: Off-Street | 8 Spaces
Heating: Central Boiler
Air Conditioning: Evaporative Chiller
Water/Sewer: Master
Gas/Electric: Master / Individual
Investment highlights
• Turn-Key Property
• 5 Minutes to Downtown Longmont
• New Roof / Soffits / Gutters
• New Chiller
• Remodeled Common Areas
• New Exterior Paint
Listing Contacts
Listed by Kaufman Hagan Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$82,307.00
$6,858.92/mo
Valuation Metrics
0
DSCR
7.48%
Cap Rate
7.48%
ROI
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