4540 State Highway 67
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4540 State Highway 67
44 Unit Block of Flats £2,308,228 (£52,460/Unit) 8.71% Net Initial Yield Florence, CO 81226
Executive Summary
Looking for a hassle-free investment opportunity in multi-family? Look no further than this gem in Florence, CO. Boasting 44 units, this property stands as a beacon of stability where workforce housing is in high demand, evidenced by its impressive 100% occupancy rate and waiting list. Priced at an attractive 8% CAP, this investment promises solid returns from the get-go. With the convenience of onsite property management, maintenance, and cleaning services, the operations run seamlessly, ensuring peace of mind for investors.
impeccably maintained, this property offers immediate cash flow, fulfilling every investor's dream. Additionally, the inclusion of approximately 1 acre of usable land presents exciting possibilities for expansion, whether through the addition of tiny homes or
similar housing options. Seize the opportunity to turn your investment dreams into reality!
impeccably maintained, this property offers immediate cash flow, fulfilling every investor's dream. Additionally, the inclusion of approximately 1 acre of usable land presents exciting possibilities for expansion, whether through the addition of tiny homes or
similar housing options. Seize the opportunity to turn your investment dreams into reality!
Property Facts
Price | £2,308,228 | Apartment Style | Low Rise |
Price Per Unit | £52,460 | Building Class | C |
Sale Type | Investment | Lot Size | 1.87 AC |
Net Initial Yield | 8.71% | Building Size | 16,942 SF |
No. Units | 44 | Number of Floors | 2 |
Property Type | Residential | Year Built | 2023 |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Price | £2,308,228 |
Price Per Unit | £52,460 |
Sale Type | Investment |
Net Initial Yield | 8.71% |
No. Units | 44 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 1.87 AC |
Building Size | 16,942 SF |
Number of Floors | 2 |
Year Built | 2023 |
Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
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PROPERTY TAXES
Parcel Number | 000099104558 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £157,179 |
PROPERTY TAXES
Parcel Number
000099104558
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£157,179
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4540 State Highway 67
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