Property profile

333 Custer Ave Akron, CO 80720

FOR SALE
Apartment buildings
Property ID
US13-2288190
Built 1984
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Property summary

AI-generated overview

333 Custer Ave is a garden-style apartment community currently with an on-site, live-in manager. Each building is split up into two common area entrances, providing access to four units. The Fairview Apartments total 16 units, including both one-bedroom, and two bedroom with a ADA accessible unit. This property is a high-yield investment opportunity that has in-place cash flow and minor renovations to each unit have been made. The potential of this investment can be further maximized through continued value-add initiatives, including exterior improvements and landscaping. Some highlights of this property include a heated manager's office, coin-operated laundry room, storage room and a garden shed. bikeScore: 40, Somewhat Bikeable walkScore: 0, Car-Dependent

Property profile

Verified
Property type Apartment buildings
Year built 1984
UPID US13-2288190

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building

Location

333 Custer Ave Akron, CO 80720
Akron metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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