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$ 3,895,000
Est. payment | /mo
9 Baths
9,350 SqFt
$ 3,895,000
Est. payment | /mo
9 Baths
9,350 SqFt
Key Details
Property Type Multi-Family
Sub Type Apartment Bldg.
Listing Status Active
Purchase Type For Sale
Square Footage 9,350 sqft
Price per Sqft $416
Subdivision Mountain View
MLS Listing ID 837300
Full Baths 9
Year Built 1948
Tax Year 2026
Lot Size 0.520 Acres
Acres 0.52
Property Sub-Type Apartment Bldg.
Property Description
27 unit apartment complex. Original designation was hotel/motel. Converted use over time to longer term rentals. Assessed as RES LND MULTI 9 + - 1125. Current ownership purchased in 2022 and has done extensive remodeling, repairs, new roof, significant electrical upgrades/repairs. Priced at a 6 cap. Great Durango Commercial Investment. Your tenants will enjoy the great in town location convenient to downtown, shops, restaurants, Fort Lewis College, Horse Gulch mountain biking and miles of hiking
Location
State CO
County La Plata
Interior
Furnishings Unfurnished
Building
New Construction No
Schools
Elementary Schools Park K-5
Middle Schools Escalante 6-8
High Schools Durango 9-12
Listed by eXp Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "