Fantastic turn-key business opportunity! This completely remodeled and furnished tri-plex is conveniently situated for traveling business professionals to land during their brief tenure in the community or long term tenants. Completely updated to minimize operating costs, these units have a 100% occupancy history. The interior living spaces are warm and inviting, while the common area yard and patio provide relaxing venues to enjoy outdoor eating, relaxing, or gathering. This rare opportunity provides a seamless transition into a new real estate business venture! Current asking price and operation yields over a 7% net cap rate. Just a block from the hospital and downtown. less than 3 blocks to Colorado Mesa University campus.

  • MLS# 746599
  • Sub-Type Resale
  • Status Active
  • Year 1949
  • Days On Site 280
SQ Feet 2,908
Units 3
Listing Provided By:
Bryan Walchle  of  Lone Eagle Land Brokerage
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $424,000
114.68%
$197,500 in 81401
this listing 280 on site
51.64%
579 on site in 81401

Location

State CO
County Montrose
City Montrose
Zip Code 81401
Area Montrose City

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