$6,585,000
For Sale

2229 Collyer Street

Longmont, CO 80501
Listing OfficeMarcus & Millichap Real Estate Investment Services of Atlanta, Inc.
Browse 10 photos
Type:Purchase
Structure:2 Family
Zone:Commercial

Description

The Longmont Nine Pack is a unique opportunity to acquire 23 residential units divided over nine well-located assets in Longmont, none of which are more than 2 mile apart from each other. Comprised of a diverse unit mix of one-, two-, three-, and four-bedroom floorplans, the portfolio offers strong in-place income. Current gross annual rents exceed $566,700, with an average rent per unit ranging from $1,350 to $2,635 depending on unit size. Contact listing agent for offering memorandum and detailed info on each.
Portfolio Details:
2229 Collyer St - (4) 1 BDR | 1BA, (4) 2 BDR | 1BA
2444,2446 Scott Ct - (2) 4 BDR | 2 BA w 2 car garage each
1402,1404 Terry St - (1) 3 BDR | 2BA w 2 car garage , (1) 3 BDR | 2.5 BA w 1 car garage
321,323 10th Ave - (1) 2 BDR | 1 BA, (1) 3 BDR | 1BA
1345,1347 Emery St - (2) 3 BDR | 1.5 BA w 1 car garage each
2114,2116 Dexter Dr - (2) 2 BDR | 1 BA w 1 car garage each
1735,1737 Duchess Dr - (2) 2 BDR | 1 BA w 1 car garage each
1734,1736 Princess Dr - (2) 2 BDR | 1 BA
1136 Bross St - (1) 4 BDR | 2 BA w 2 car garage
Market Fundamentals: Longmont benefits from strong tenant demand, limited new multifamily supply, and growing pressure on housing affordability, positioning this portfolio as a compelling rental alternative to home ownership.

  • Property Details
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti Family
      • Original List Price$6,585,000
      • Property TypePurchase
      • CountyBoulder
      • Taxes Annual$10,057
      • MLS #5309565
      • Cost6585000
      • MLS #5309565
      • Square Feet23921
      • Year Built1980

Location

Yellow Dog GroupReal Estate Group
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