1422 Emery Ct
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1422 Emery Ct
3 Unit Apartment Building Offered at £541,243 at a 5.87% Net Initial Yield in Longmont, CO 80501
Investment Highlights
- Well maintained property
- Easy value add with unit upgrades
- New roof and new boiler
- Below market rents
Executive Summary
Introducing a prime investment opportunity in the vibrant Longmont area. This multifamily gem is comprised 3 units ideally paired with their own garage. Built in 1982, the property offers a solid foundation for prospective investors seeking a valuable addition to their portfolio. Property has a new roof and a new boiler. Don't miss this great opportunity for this affordably priced investment property!
Property Facts
Price | £541,243 | Building Class | C |
Price Per Unit | £180,414 | Lot Size | 0.13 AC |
Sale Type | Investment | Building Size | 1,764 SF |
Net Initial Yield | 5.87% | Number of Floors | 2 |
No. Units | 3 | Year Built | 1982 |
Property Type | Residential |
Price | £541,243 |
Price Per Unit | £180,414 |
Sale Type | Investment |
Net Initial Yield | 5.87% |
No. Units | 3 |
Property Type | Residential |
Building Class | C |
Lot Size | 0.13 AC |
Building Size | 1,764 SF |
Number of Floors | 2 |
Year Built | 1982 |
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+1 | 3 | - | 540 - 612 |
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Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (72)
PROPERTY TAXES
Parcel Number | 1205341-49-001 | Improvements Assessment | £21,505 |
Land Assessment | £0 | Total Assessment | £24,485 |
PROPERTY TAXES
Parcel Number
1205341-49-001
Land Assessment
£0
Improvements Assessment
£21,505
Total Assessment
£24,485
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1422 Emery Ct
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