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863 E Main Street

Rangely, CO 81621
  • $1,350,000
  • STATUS: Active Under Contract
  • ON SITE: 169 Days
  • MLS #: 20216167
Under Contract
UPDATED: 43 min ago
$1,350,000
  • 48
    BEDS
  • 1.12
    ACRES
  • 24
    BATHS
  • 0
    1/2 BATHS
  • 19,960
    SQFT
  • $68
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1979
Area:

School Information

Elementary School:
Middle School:
High School:

Description

24 unit apartment complex made up of 2 separate apartment buildings located in Rangely, CO. A total of 48 bedrooms & 24 bathrooms, all units are 2 bed/1 bath and units have been remodeled & updated on varying schedules upon vacancy. Large tenant base is held from the college which is located nearby (Colorado Northwestern Community College). Good upside on rents which could increase NOI

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© 2022 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Joe Reed Team | REMAX 4000 Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Joe Reed Team | REMAX 4000 Inc. Data last updated 2022-05-19T07:17:03.653 UTC.

www.thejoereedteam.com/homes/123638240
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863 E Main Street Rangely, CO 81621

  • Price: $1,350,000
  • Status: Active Under Contract
  • On Site: 169 Days
  • Updated: 43 min ago
  • MLS #: 20216167
48
Beds
24
Baths
0
½ Baths
1.12
Acres
19,960
SQFT
$68
$/SQFT
1979
Built
Neighborhood:
N/A
Area:
Other Area
Elementary School:
Rangely
Middle School:
Rangley
High School:
Rangley
Property Description
24 unit apartment complex made up of 2 separate apartment buildings located in Rangely, CO. A total of 48 bedrooms & 24 bathrooms, all units are 2 bed/1 bath and units have been remodeled & updated on varying schedules upon vacancy. Large tenant base is held from the college which is located nearby (Colorado Northwestern Community College). Good upside on rents which could increase NOI
Exterior Features

Architectural Style Three StoryTriplex Construction Materials Wood SidingWood Frame Direction Faces East Exterior Features OtherSee Remarks Levels Three Or More Lot Features LandscapedOtherSee Remarks Lot Size Dimensions 250 X 180 Patio And Porch Features None Road Frontage Type City Street Road Surface Type Paved Roof AsphaltComposition

Interior Features

Appliances DishwasherElectric OvenElectric RangeDisposalMicrowaveRefrigerator Basement OtherSee Remarks Cooling Window Unit(S) Cooling YN Yes Fireplace Features OtherSee Remarks Flooring CarpetLaminate Heating Natural Gas Heating YN Yes Interior Features Ceiling Fan(S)OtherSee Remarks

Property Features

Accessibility Features OtherSee Remarks Association Amenities OtherSee Remarks Association Fee Includes None Association YN No Current Use Multi-Family Elevation 5300 Land Lease YN No Property Sub Type Apartment Sewer Connected Tax Annual Amount 3012.24 Tax Year 2020 Water Source OtherSee Remarks Year Built Effective 2006 Zoning Description Com Res Multi 9+

Listing courtesy of Kyle Serrano of Bray/Commercial.
© 2022 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Joe Reed Team | REMAX 4000 Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Joe Reed Team | REMAX 4000 Inc. Data last updated 2022-05-19T07:17:03.653 UTC.

 
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The Joe Reed Team | REMAX 4000 Inc
120 W. Park Drive #200
Grand Junction CO, 81505