$650,000
- Beds
- 1
- sq ft
- Unknown
211 Laramie Ave, Grover, CO 80729
211 Laramie Ave
Grover, CO 80729
- 203 days on market
- Price drop $50,000↓
Investor's Dream! This property offers a fantastic opportunity with Gross Operating Income of $82,680, Net Operating Income of $55,895.98 and a Cap Rate of 8.6%, making it a solid addition to your portfolio. Operating expenses are kept manageable, including property taxes at $1,170.38, building insurance about $12,000, and utilities at $13,613.64, totaling $26,784.02 in gross operating expenses. The property also boasts a strong gross rent multiplier of 7.86, ensuring excellent value for your investment.Whether you're looking to expand your portfolio or secure a stable, income-generating asset, this listing offers everything you need for success.
Details
Property type
Lot size
0.96 acres
Price per sq ft
Unknown
Year built
1982
Annual property taxes
$1,170.38
HOA
No
Price History
09/03/2024
IRES #1003866
Price change
$650,000
-7.14%
02/26/2024
IRES #1003866
Listed
$700,000
Schools & Community
Elementary school:
Pawnee,Pawnee
Middle school:
Pawnee Jr-Sr
High school:
Pawnee Jr-Sr
High school district:
Pawnee RE-12
Status: Active
Tomo last checked: 09/16/2024 at 1:25 PM
Listing updated: 09/03/2024 at 2:59 PM
Listed by: Chad Nixon, RE/MAX Alliance-Greeley
MLS: IRES #1003866
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