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$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

IRES #1003866

Price change
$650,000
-7.14%
02/26/2024
IRES

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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