$4,350,000
bedrooms
0
bathrooms
0
square feet
9,350
Acreage
0.51
Open Houses
-
year built
1948
Full Baths
0
Half Baths
0
Craig Weese, eXp Realty, LLC, C: 406-381-8947, cweese20@gmail.com, www.crenmls.com: Welcome to an exceptional investment opportunity in the heart of Durango, CO, a rare find in a town with limited apartment complexes. This 29-unit apartment complex offers significant upside potential, including the opportunity to increase rents. The majority of the units have been recently remodeled, featuring stylish, modern updates that tenants desire.Each remodeled unit boasts contemporary kitchens with new cabinetry, countertops, and appliances. Freshly updated bathrooms, new flooring, and modern paint palettes provide a sleek, inviting atmosphere. The property is designed to appeal to today’s renters while offering long-term investment growth.With its prime location on the grid in Durango, the complex is located walking distance to grocery stores, shopping, laundry mat, horse gulch for mountain biking and hiking, and Fort Lewis collage. This apartment complex offers not only immediate income potential but also the possibility of future value appreciation. Don’t miss this rare chance to own in a thriving market with room to grow.
Location | |
Subdivision | - |
County | La Plata |
Elementary School | - |
Middle School | - |
High School | - |
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
Copyright © 2024 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Friday, November 8 2024 at 11:00 a.m. EST
Kotohomes National