Description
PRIME investment property, right on the CSU campus! Turn-key 4-plex with zero vacancy for many years running. At a CAP rate of over 6.0 and approaching $60k in annual income, this is a rare find in this prime Fort Collins location. This will be the gem of your investment portfolio for years to come, as Fort Collins and CSU only continue to become one of the most sought after locations in the country. Very easy to manage 1 bed/1 bath units. Low maintenance brick exterior. All units currently rented through summer 2024. Two units are garden level, the other two are above ground. Rent out three units to cover all your living expenses. Currently managed by property management company if you want turn-key convenience, but buyer is not required to continue using management company if you don't want to. Call today for more information, rent rolls, and expense reports.
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4BEDS
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0.15ACRES
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4BATHS
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01/2 BATHS
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2,580SQFT
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$308$/SQFT
School Information
Description
PRIME investment property, right on the CSU campus! Turn-key 4-plex with zero vacancy for many years running. At a CAP rate of over 6.0 and approaching $60k in annual income, this is a rare find in this prime Fort Collins location. This will be the gem of your investment portfolio for years to come, as Fort Collins and CSU only continue to become one of the most sought after locations in the country. Very easy to manage 1 bed/1 bath units. Low maintenance brick exterior. All units currently rented through summer 2024. Two units are garden level, the other two are above ground. Rent out three units to cover all your living expenses. Currently managed by property management company if you want turn-key convenience, but buyer is not required to continue using management company if you don't want to. Call today for more information, rent rolls, and expense reports.
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