1762 Antero Dr, Longmont, CO 80504

Exceptional Duplex Investment with Best Cap Rate in Longmont and Boulder County. Full renovation and expansion in 2020 with two new master suites. Both sides have Section 8 families signed through 2022 that would like to stay 5+ years. New furnace, roof, windows, stainless steel appliances, cabinets, granite counters, washer dryer, insulation, whole house fans, vaulted ceilings, exposed beams, skylights, irrigation system . Families have been cleared through the Boulder County Housing Authority and by Landlord. Rents are 90%+ paid by BCHA through a direct deposit. Investor Considerations: Collections? Check, with guaranteed monthly direct deposit. Turnover/Vacancy? Tenants would like to stay 5+ years. Maintenance? Tenants cover it and all systems are new so minimal replacement reserves. Appreciation? Area has seen significant recent investment and CoL has $4M grant for quiet train crossing on 17th. Hold for five years, get cash flow and appreciation, and then sell at a 5 cap?