202 Peterson St - Apartments FOR SALE


Fort Collins, CO 80524- Old Town Fort Collins
$1,000,000 USD
970-581-8377
202 Peterson St, Fort Collins, CO for Sale
$1,000,000 USD
Apartments - FOR SALE
1/13
null | 5.24% Cap Rate

202 Peterson St
Fort Collins, CO 80524
Old Town Fort Collins


OVERVIEW

Unique 4-plex on in the heart of Historic Old Town Fort Collins, directly across the street from the Library and Library Park! Classic Dutch Colonial Revival 1.5 story. Each unit is a one bed/one bath unit with kitchen. Each has a separate entry and each has it's own unique style and character. Fully rented and rarely a vacancy. Offering lots of potential, this home sits on a hard-to-find double lot, zoned OT-B (old town medium density). Owned by the same family for decades and professionally managed for many years with regular in-person inspections to ensure minimal deferred maintenance. Utilities paid monthly by the management company and recovered in following year's rents. Each unit has different lease term date. Just a few blocks walk to all the amenities that Old Town offers and only one mile to CSU! Lots of possibilities for this rare property!

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$430 USD /SF

# OF UNITS

4

PRICE/UNIT

$250,000

CAP RATE

5.24%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1892

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

NCM

APN/PARCEL ID

97123-22-013

ASK ABOUT THIS PROPERTY

Dave WernereXp RealtyMore Info
970-581-8377

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Dave WernereXp RealtyMore Info
970-581-8377

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.