Portfolio Sale:
Each priced at a separate listing with details, selling together, 11 Units, Townhome style, Bedrooms Upstairs.
3 Properties, right next to each other.
Total: $4.2m
2631, 1006, 1012 Davidson Dr. Fort Collins CO 80526
2631 Triplex $1,033,414
(Three) 2 bedrooms 1.5 bath
1006 Quadplex $1,586,459
(Two) 2 bedroom, 2.5 bath, (Two) 3 bedroom, 2.5 bath.
1012 Quadplex $1,586,459
(Two) 2 bedroom, 2.5 bath, (Two) 3 bedroom, 2.5 bath . 1.6m
All have attached 2 car garages.
6 percent cap rate. Will supply all financials, all repairs and upgrade details. Private owner, spent the last 3 years putting all the properties together and building a financial power house, that is turn key!
This rare opportunity features multi-family properties in a highly sought-after area with a proven track record of zero vacancies over the last 20 years.
Videos, pictures, floor plans can be supplied.
HOA only owns and runs common areas, entire building owner managed, NO HO6!
The floor plans are limited in availability in Fort Collins and include attached garages for convenience, making these units highly attractive to renters.
Property Highlights:
Fully Renovated & Turnkey: All units have been completed updated and gone through with medium-level renovations in the last 12–18 months, including:
New flooring
Fresh interior and exterior paint
New siding
New air conditioning systems
Kitchen reconditioning
New Toilets
All general repairs done
New Lighting
Standardized colors and finishes across all units for ease of management
Leases in Place: Mix of one- and two-year leases at market rates; approximately half of leases expire next summer, offering flexibility for new ownership.
Roof & Mechanical Updates:
Two properties with brand-new roofs
One property with roof only six years old
Comprehensive information on all mechanical systems available, many replaced in the last 2 years.
Turnkey & Low Maintenance: All units leased, require no additional repairs, and include duplications of finishes for simplified property management.
Recent Upgrades: Extensive list of repairs and updates completed within the past year, ensuring properties need nothing.
For sale by owner
Price cut: $13.5K (10/14)
$1,586,459
1006 Davidson Dr, Fort Collins, CO 80526
10beds
5,200sqft
Est.:
SingleFamily
Built in 1979
-- sqft lot
$-- Zestimate®
$305/sqft
$441/mo HOA
What's special
Standardized colors and finishesNew toiletsNew flooringBrand-new roofsNew air conditioning systems
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