211 Laramie Avenue Units 1 11
Grover, CO 80729
- 11 beds
- 11 baths
- – sqft
- ~1 acre lot
- 1982 build
- – on site
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Investor's Dream Opportunity! This property features two dwellings: a 7-unit building and a 4-unit building, offering a combined impressive Gross Operating Income of $82,680 and a Net Operating Income of $55,895.98, resulting in a strong Cap Rate of 10.16%.With manageable operating expenses totaling $26,784.02, including property taxes of $1,170.38, building insurance around $12,000, and utilities at $13,613.64, this investment is designed for success. The property also boasts an attractive Gross Rent Multiplier of 6.65, ensuring excellent value.Whether you're looking to expand your portfolio or secure a stable, income-generating asset, this listing provides everything you need. Don't miss out on this fantastic opportunity!
Last checked:
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Last updated Nov 14, 2024
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MLS# 1003866 —
The Building
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Year Built:1982
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New Construction:false
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Construction Materials:Wood/Frame
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Architectural Style:Ranch
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Direction Faces:West
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Stories:1
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Levels:One
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Roof:Composition
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Basement:Crawl Space
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# of Units Total:11
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Total SqFt:8493
Room Dimensions
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Living Area Units:Square Feet
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Living Area Source:Assessor
Location
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Coordinates:-104.22748, 40.86999
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Latitude:40.86999
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Longitude:-104.22748
The Property
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Property Type:Residential Income
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Property Subtype:Income Property
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Parcel Number:R8754500
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Lot Features:Zero Lot Line
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Lot Size Acres:0.96
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Lot Size SqFt:42000
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Lot Size Area:42000
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Lot Size Units:Square Feet
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Zoning:RES APT
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Possible Use:Multi-Family
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Horse:false
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Water Source:City Water, City of Grover
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Waterfront:false
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Road Frontage Type:City Street
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Road Surface Type:Dirt
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2022
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Tax Annual Amount:1170.38
Beds
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Bedrooms Total:11
Baths
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Total Baths:11
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Baseboard
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Heating:true
Utilities
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Utilities:Electricity Available
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Electric:Electric, High West
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Sewer:City Sewer
Appliances
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Appliances:Electric Range/Oven
Schools
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Elementary School:Pawnee,Pawnee
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Middle Or Junior School:Pawnee Jr-Sr
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High School:Pawnee Jr-Sr
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High School District:Pawnee RE-12
The Community
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Subdivision Name:BEATTYS
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Senior Community:false
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Spa:false
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Association:false
Extra Units
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Bedrooms Unit 1:1
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Total Baths Unit 1:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/13/24
Nov 13, 2024
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Sold | IRES | $500,000 | -9.1% |
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10/7/24
Oct 7, 2024
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Price Changed | IRES | $550,000 | -15.4% |
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9/3/24
Sep 3, 2024
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Price Changed | IRES | $650,000 | -7.1% |
