Firm on Price due to appraised value. We are pleased to exclusively offer the opportunity to purchase this newly built apartment complex in Montrose, CO. Completed in early 2023, this 5+5 unit building is fully occupied and perfect for any investor looking to invest in a stabilized asset with long-term growth potential. The apartment complex comprises five 580 square foot studio apartments, and five 1160 square foot two bedroom one bath units. Montrose lacks a supply of newly built multifamily, boasts an average household income of +$70,000 and is projected to grow consistently in the coming years according to the Housing Study the City of Montrose published. Will send more details and information only after a phone meeting. The units are individually conveyed as townhomes if you choose to sell off one by one.