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    109 Lowell Pl Fort Morgan, CO 80701

    For Sale
    $649,000

    Four-unit apartment building with consistent income potential in Fort Morgan.

    Lot size:
    0.51 Acres

    Property Features for 109 Lowell Pl

    General Information

    Lot size
    0.51 Acres

    Building Details

    Year built
    1980

    Source: Newmark Real Estate Company Agent Darrel Aragon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Morgan Four-Unit Apartment Building

    This four-unit apartment building in Fort Morgan, Colorado, presents an investment opportunity. The property features four spacious rental units, with two units on the lower level and two on the upper level. Each unit includes 2 bedrooms and 1 full bathroom. The building has had several updates, including new windows in 2008, new stucco in 2009, and new gutters and a roof with high-impact Class 4 shingles in 2012. Each unit is equipped with a stove, refrigerator, dishwasher, and hot water heater. The property offers attractive amenities and consistent income potential, making it a solid addition to any investment portfolio. The building could be purchased to live in one unit, subject to current tenant rights, and rent out the remaining units for income.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Morgan
    County
    Morgan
    State
    Colorado
    Longitude
    -103.8147787
    Latitude
    40.2456444

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    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building with consistent income potential in Fort Morgan.
    Where is this quadplex located?
    The property is located at 109 Lowell Pl Fort Morgan, CO.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - Four-unit apartment building offering income potential.; - Live in one unit and rent out the remaining three.; - Each unit features 2 bedrooms and 1 full bathroom.
    (303) 428-1907
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    109 Lowell Pl Fort Morgan, CO 80701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 Lowell Pl Fort Morgan, CO 80701
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