Longmont Multifamily Investment
1120 3rd Ave, Longmont, CO 80501
Ten-unit property with value-add potential in thriving Longmont, Colorado.
Type:Multifamily
Property size:
4,678 SFPrice / SF:
$411/SF- Added:
- Nov 21, 2025
- Days on Market:
- 181
- Last Refresh:
- Apr 5 at 11:40 pm
Property Features for 1120 3rd Ave
General Information
- Standard status
- Active
- Size
- 4,678 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1880
Listing agent Luke Salazar License #100032419 (303) 962-9534
Listing office Pinnacle Real Estate Advisors (303) 962-9534
Listing date Nov 21, 2025
Source Pinnaclerea
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All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Advisors
HighLights
- Six newly renovated units achieving top market value.
- Value‑add opportunity through renovating remaining 4 units and increasing rents to market.
- Walking distance to South Main Station, Main Street shops, restaurants, and entertainment.
- Future Northwest B Line Light Rail expansion to Longmont.
- Each unit has unique art studio layouts.
- Updated plumbing with water shut off per unit and new sewer line with clean out.
Overview
This ten-unit property is located in Longmont, Colorado, a city that has experienced consistent growth in population, household income, and property values over the past decade. Longmont is recognized as one of Colorado's safest cities, offering over 1,500 acres of parks and open space. The city's economy is supported by high-tech companies, a craft brewing industry, and various recreational and travel-related businesses. The property is within walking distance of South Main Station, Main Street shops, restaurants, and entertainment venues. Six of the units have been newly renovated and are achieving top market value. There is a value-add opportunity through renovating the remaining four units and increasing rents to market rates. Each unit features unique art studio layouts. The property has updated plumbing with individual water shut-offs for each unit, a new sewer line, and a clean out. The property is individually metered for electric. The location provides convenient access to the mountains, a short drive to Downtown Boulder, and is approximately 30 miles from Rocky Mountain National Park. Future light rail stations along the Northwest Rail Corridor, or RTD B Line, will provide the ability to easily commute throughout the Denver Metro Area.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Longmont
- County
- Weld
- State
- Colorado
- Longitude
- -105.111
- Latitude
- 40.1656
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Ten-unit property with value-add potential in thriving Longmont, Colorado.
Where is this apartment building located?
The property is located at 1120 3rd Ave Longmont, CO.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: Six newly renovated units achieving top market value.; Value‑add opportunity through renovating remaining 4 units and increasing rents to market.; Walking distance to South Main Station, Main Street shops, restaurants, and entertainment.
