515 15th Avenue

Longmont, CO 80501

Incomes Property  $3,750,000  Active

10-13-2017 11:59am

This is a unique opportunity to own over 3.5 acres in the up and coming downtown Longmont. This property consists of 36 mobile home pads, 35 occupied, and a single-family home. This is a growing vibrant downtown area with redevelopment opportunity. Access from 15th Ave and Kimbark. Please do NOT disturb tenants. No signs on property. Tenant pays all utilities.

MLS#
7252901
MLS Originator
REcolorado (Denver)
Original Price
$3,995,000
Nearby Attraction
Corner Lot

Property
Income
Property Subtype
Income
Status
Active
Last Update
10-13-2017 11:59am
Bedrooms
2
SqFt
820
Year Built
1964
Der PSF Total
4573.17

SqFt Lot
156365.00
SqFt Finished
820
SqFt Above
820

Previous Year Tax
$13,200
Terms and Conditions
Cash, Conventional
Transaction Type
For Sale

Cooling
Other
Heating
Forced Air
Heating Fuel
Electric, Gas

Baths Full
0

General
Corner Lot
Base Size
None
Parking Spaces
2
Vehicle Spaces
146
Type
# of Space
L x W
Description
Carport (Detached)
73
-
73 spaces TOTAL between the carport and off-street
Off-Street
73
-
73 spaces TOTAL between the carport and off-street

Structure
Ranch/1 Story
Roof
Other
Construction
Other
Construction Method
Other

School District
St. Vrain Valley RE-1J
Elementary School
Timberline
Middle School
Timberline
High School
Skyline

Annual Actual Expenses
3748
Annual Projected Expenses
3748
Annual Actual Income
240840
Annual Projected Income
240840
Annual Actual Net Income
237092
Annual Projected Net Income
237092
Unit Furnished
0

PPA
1044568.25
Lot Width
0.00

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 515 15th Avenue, Longmont, CO 80501
- Property Type: Incomes Property, 2 beds, - baths, 820 SqFT
- Selling Price: $3,750,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$3,750,000 (1)
$3,750,000 (1)
$3,750,000 (1)
$3,750,000 (1)
Area 2 (1-2 miles)
$3,750,000 (1)
$3,750,000 (1)
$3,750,000 (1)
$3,750,000 (1)
Area 3 (2-3 miles)
$3,750,000 (1)
$3,750,000 (1)
$3,750,000 (1)
$3,750,000 (1)
Area 4 (3-5 miles)
$3,750,000 (1)
$3,750,000 (1)
$3,750,000 (1)
$3,750,000 (1)

executed in 1.560 sec.