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29853700
29853697

6675 S. Lemay Avenue, Building E, Fort Collins, CO 80525

MB
CO CO 40015162
Realtec Commercial Real Estate Services - Greeley
Listed by Realtec Commercial Real Estate Services - Greeley
$2,500,000
103 days on market
Updated 31 days ago

Eagle Tree Condos

Details
Property Type Multifamily
Sub Type Apartment Building
Units 11
Cap Rate 4.88%
NOI $122,403
Occupancy 100%
Broker Co-Op Yes
Class B
Year Built 1999
Stories 3
Investment Type Stabilized

Well located condos in desirable Fort Collins, CO

Marketing description

A rare opportunity in desirable south Fort Collins, near Southridge Golf Course, to acquire 11 professionally managed condominium units.


Constructed in 1999, these units occupy eleven of the twelve units in building E. Each unit also has a single car garage, an additional reserved space and parking for guests in the parking lot. The complex consists of eight three-story residential buildings, a clubhouse and a community pool. These units have patios and balconies that face the well landscaped common area where the clubhouse and pool are located.


Unit Mix: Six, Two Bedroom, One bathroom Five, Two Bedroom, Two Bathroom


Three of the units are on the ground floor with patios off of the living rooms, eight of the units are one the second and third floor with balconies. All of the units have en-suite washer dryers and gas fireplaces.

The Seller would look at selling them in smaller groups of stacked units, i.e. the first second and third floor units as a group of three. The price per unit would be the same as listed.


Listing Contacts

MB
CO CO 40015162
Realtec Commercial Real Estate Services - Greeley
Listed by Realtec Commercial Real Estate Services - Greeley

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$122,403.00
$10,200.25/mo

Valuation Metrics

0
DSCR
4.9%
Cap Rate
4.9%
ROI

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Additional Information

Name
Mark Bradley, CCIM, SIOR
License
CO 40015162
Brokerage
Realtec Greeley
Brokerage Phone
9702272511
Title
Senior Broker
Brokerage Address
1711 61st Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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