This Property is no longer advertised on Showcase.com.
Off Market
1/23

620 Red Table Dr
Gypsum, CO 81637


HIGHLIGHTS

  • High visibilty, Well maintained building, substantial upside potential

OVERVIEW

Solid investment opportunity and WELL below replacement cost: Building consists of 8 commercial units with common bathrooms, and 16 residential units, Laundry room, storage units for residences, and elevator, situated on just under 1.5 acres of land with 66 parking spaces and Highway 6 exposure. Great tenant mix, extensive tenant improvements not reflected in current pictures, well maintained building, and approaching a 7 CAP by the end of 2019 with increasing income opportunities.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

22620

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.55 AC AC

LAND SF

67,518 SF

ZONING

-

APN/PARCEL ID

R053893