225 Terry St - Apartments FOR SALE


Longmont, CO 80501
$2,250,000 USD
303-351-1371
225 Terry St, Longmont, CO for Sale
$2,250,000 USD
Apartments - FOR SALE
1/41
null | 7% Cap Rate

225 Terry St
Longmont, CO 80501


OVERVIEW

The property has been meticulously maintained, fostering a clean, safe, and enjoyable community environment for residents. Recent capital improvements include a brand new upper deck, new roofs, and the replacement of HVAC systems, hot water heaters, kitchen appliances, and flooring as needed during apartment turnovers. Delivered free and clear of debt. Prospective Buyers are asked to visit the subject property prior to submitting an offer. To accommodate ongoing property operations and avoid disturbing current and future residents, please do not contact the on-site management or staff without prior approval. All property showings are by appointment only and can be scheduled directly with the Marketing Team. Buyers should be aware that the owner of the Property is selling the Property in an “As-Is, Where-Is” condition and without representations or warranties, express or implied, of any kind.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

12

PRICE/UNIT

$187,500

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

-

APN/PARCEL ID

1315033-15-018

ASK ABOUT THIS PROPERTY

Bill MorkesColliersMore Info
303-351-1371

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

Bill MorkesColliersMore Info
303-351-1371

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