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
Details
| MLS # | 837300 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 36 |
| Listing Provided By | eXp Realty, LLC | Garth Schultheis |
Features
| Bath(s) | 9 Total |
|---|---|
| SQ Feet | 9,350 |
| Units | 28 |
| Acreage | 0.52 |
Interior
| Furnished | Unfurnished |
|---|
Parking
| Garage Yes / No | No |
|---|
Other
| List Aor | Durango Area Association Of Realtors |
|---|
Area Information
| State | CO |
|---|---|
| County | La Plata |
| City | Durango |
| Zip Code | 81301 |
| Area | Durango In Town |
| Community Name | Mountain View |
| School District | Durango 9-12 |
| Elementary School | Park K-5 |
| High School | Durango 9-12 |
| Listing VS Median (in Mountain View) | |
Price: $3,895,000 low | high Med: $789,000 sqft: 9,350 low | high Med: 1,493 $ / sqft: $417 low | high Med: $528 On site: 36 low | high Med: 55 | |
Market Activity 81301
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Learn More About This Property
| State | CO |
|---|---|
| County | La Plata |
| City | Durango |
| Zip Code | 81301 |
| Area | Durango In Town |
| Community Name | Mountain View |
| School District | Durango 9-12 |
| Elementary School | Park K-5 |
| High School | Durango 9-12 |
| Listing VS Median (in Mountain View) | |
Price: $3,895,000 low | high Med: $789,000 sqft: 9,350 low | high Med: 1,493 $ / sqft: $417 low | high Med: $528 On site: 36 low | high Med: 55 | |
