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    Rangely, CO Apartment Buildings for Sale

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    Grand Junction, CO Dinosaur, CO
    24-Unit Multifamily Investment Opportunity
    Updated: Aug 24, 2024
    24-Unit Multifamily Investment Opportunity

    863 E Main Street, Rangely, CO 81648

    $1,800,000
    19,584 sqft 1.58 AC lot
    24 Units (2 Buildings) - Substantial multi‑family investment opportunity.
    Prime Location - Close proximity to Colorado Northwestern Community College ensures consistent tenant demand.
    Desirable 2‑Bedroom, 1‑Bathroom Layouts for renters.
    Recent Upgrades - Includes a newly paved asphalt parking lot and renovated units.
    Strong Rental Demand - High occupancy potential due to location and college proximity.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Rangely, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Apartment Building with Suites
    Turnkey Apartment Building with Suites

    174 S Mulberry Street, Fruita, CO 81521

    $1,300,000
    4,908 sqft 0.29 AC lot

    A fully remodeled apartment building with seven operational units and included furnishings for turn-key operations.

    View details
    Updated 8-Unit Apartment Building
    Updated 8-Unit Apartment Building

    232 W 100 N, Vernal, UT 84078

    $1,075,000
    7,208 sqft

    An 8-unit income property with roof replacement in 2019 and multiple unit remodels, with seven units currently rented.

    View details
    Permit-Ready Mixed-Use Development
    Permit-Ready Mixed-Use Development

    84 South 100 West, Vernal, UT 84078

    $850,000
    23,958 sqft

    Fully entitled, engineered mixed-use project with street-front commercial suites and residential condominiums.

    View details
    Turnkey Apartment Building Investment
    Turnkey Apartment Building Investment

    174 S Mulberry Street, Fruita, CO 81521

    $1,300,000

    Completely remodeled early-1900s building offering seven furnished units with established short-term rental performance.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details
    San Jacinto Land with Utilities
    San Jacinto Land with Utilities

    Rosario, San Jacinto, CA 92583

    $155,000
    0.33 AC lot

    Unique lot with utilities available for multiple residential uses.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    Commercial Land with Freeway Exposure
    Commercial Land with Freeway Exposure

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

    View details

    Rangely, CO Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Rangely, CO on our real estate platform. These investment opportunities span a total of 19,584 square feet of properties for sale, with an estimated market value of $1,800,000.

    Sale prices for two-family homes in Rangely, CO average $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,832
    Population Growth (5Y) +7.0%
    Median Household Income $75,482
    College Educated 20.7%

    High-Yield Neighborhoods for Investment

    Identify Rangely submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    81648 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 6.51%
    Property Tax per SF $78.45 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rio Blanco County

    New Delisted

    Total CRE Inventory on Market (SF)

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