Have you been waiting for a multifamily opportunity? Well here is one close to CSU, a zero vacancy history, and numbers that make this a unique investment in west Fort Collins. 1113 – 1115 Cypress Dr, is a duplex that features a newer roof, updates in both units, and a location that can’t be beat. Gross rents of $2895 (plus chargebacks for utilities) deliver a cap rate of just above 6% based on real maintenance and upkeep costs. Remodeled bathroom in one unit, as well as some new flooring, this property has been well maintained and is ready for your investment portfolio! Call for your private showing at (970) 673-7285 for more information or click the link below for more details.
Ideal investment property! 2428 Crabtree Drive in Fort Collins is currently leased through May of 2020. Easy access to CSU, Old Town, and Horsetooth Reservoir. The owner has never had any issues with vacancy but would be great as an owner-occupied home with the layout and back yard as well. The home has wood floors and is in great shape. Come check it out today! Call for your private showing at (970) 673-7285 for more information or click the link below for more details.
Opportunities like this in Fort Collins are rare! 4 units each with attached two car garages, fireplaces, decks, and extensive upgrades. Just some of the updates include a new roof, updated kitchens and bathrooms, new decks, new blinds, new furnaces and water heaters in all units, new sliding doors, and Unit B has a recently finished basement. Close proximity to I-25, CSU, and Old Town make this property INCREDIBLY attractive to renters, quality investment property. Call for your private showing at (970) 673-7285 for more information or click the link below for more details.
2 bedroom 2 bath town home at 3024 Ross Dr #B15 in Fort Collins that backs to a greenbelt. Easy access to Horsetooth Reservoir, trails, and just minutes to CSU. Extensive updates include new doors, carpet, furnace, ac, refrigerator, and washer/dryer. French doors added to the fenced backyard area. Currently leased through summer of 2020. Call for your private showing at (970) 673-7285 for more information or click the link below for more details.
Great for investor as it is leased through July of 2020! 1432 Edgewood Court is in proximity to campus and parks have kept this property rented consistently. Cul-de-sac location for less traffic. Close to bus lines, and easy access to the west side of Fort Collins and CSU. Call for your private showing at (970) 673-7285 for more information or click the link below for more details.
Central Fort Collins for $200,000! 2717 Harvard Street unit B4 offers quick access to the Max, Foothills Mall, Old Town, and the Harmony corridor. Need to be within 10 minutes of CSU? This would be perfect. Investment potential abounds because of the location and convenient layout or live in a well-maintained town home style condo with a wonderful location! Call for your private showing at (970) 673-7285 for more information or click the link below for more details.
Want to read about different investment opportunities in Fort Collins, as well as how the students coming back will be affecting properties? Well click below and read on!
As if we couldn’t find any more good news about being a real estate investor in Fort Collins, Colorado, the Coloradoan has reported that the some of the Aggie Village apartments on Lake are going to be torn down to make way for more dorms. At first you might think that’s a negative for rental rates, but consider this: Most freshman are already required to live in the dorms, so we aren’t losing any potential tenants there. But, once those freshman become sophmores and move out in to the Fort Collins community, how many investment properties will you have ready for them? Rents have gone up steadily over the last 5 years, and vacancy is at an all time low. If Colorado State University attains it’s goal of a 35,000 student population it will be nothing but good news for you real estate investors.
Call me if you have any questions about what CSU is planning, or if you would like to be informed of investment properties as they hit the market. Have a great week and congratulations to all of the CSU students graduating this week!
One of the main reasons that Fort Collins real estate has been able to maintain so much more stability than some of the surrounding areas is Colorado State University. It’s always good to see all of the positive recognition my own Alma Mater gets heaped on to it. Check out this link (http://www.ncbr.com/article.asp?id=52940&en=1) for more info on a recent award for CSU. Go Rams