902 Greenwood Ave - Apartments FOR SALE


Canon City, CO 81212
$599,000 USD
719-214-1759
902 Greenwood Ave, Canon City, CO for Sale
$599,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

902 Greenwood Ave
Canon City, CO 81212


OVERVIEW

Excellent Investment Opportunity! Well established income property featuring five 1-bedroom, 1-bathroom apartments. This turnkey investment offers steady cash flow and additional income potential with two rentable garage spaces. Tenants enjoy the convenience of an on-site coin-operated laundry facility, providing added value and supplemental revenue for ownership. Located near downtown Canon City, the property offers easy access to shopping, dining, employment and local amenities, making it an attractive option for renters. Whether you're expanding your portfolio of looking for your first multifamily investment, this property combines proven income performance, desirable amenities and a convenient location.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$130 USD /SF

# OF UNITS

5

PRICE/UNIT

$119,800

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Milagro Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1898

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,121 SF

ZONING

R-3

APN/PARCEL ID

000011021130

ASK ABOUT THIS PROPERTY

Kim MartinProficient Property Management Services, INCMore Info
719-214-1759

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Kim MartinProficient Property Management Services, INCMore Info
719-214-1759

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