Residential Income in Durango

$3,895,000

350 8th, 81301, Durango, CO

Residential Income for sale in Durango, 350 8th, 81301

350 8th, 81301, Durango, CO

$3,895,000

9Bath
Type: Residential Income

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

Location

350 8th, 81301, Durango, CO

Data

Object TypeResidential Income
Purchase Price$3,895,000
Living Space0 m²
Plot Size2104.37 m²
Bathrooms9
Construction Year1948
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeN/A
Primary Energy SourceN/A
Construction Year1948
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent