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Updated Fourplex on Large Lot
For Sale
Contact for pricing
Pending

16223 County Road 19, Fort Morgan, CO 80701

Fully occupied rental with varied floor plans and recent bathroom and select kitchen improvements.

Property SizeContact for details
Days on Market141

Property Features for 16223 County Road 19

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA, 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 4

Additional Details

Gross Income $50,400

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Colorado Land Co. LLC
Listed By: Mandy Weichel · License #CO 100038290
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colorado Land Co. LLC

Investment Insights

Based on property information with market context.

This four-unit residential property offers a mix of larger and smaller floor plans, with recent bathroom work and select kitchen updates that include cabinets, a countertop, and a sink in some units. Unit A has 3 bedrooms and 2 bathrooms; Unit B has 2 bedrooms and 1 bathroom; Unit C has 3 bedrooms and 1 bathroom; and Unit D has 2 bedrooms and 1 bathroom. Laundry is located within Unit D and is not shared.

The property sits on a large lot at the edge of Fort Morgan, approximately an hour northeast of Denver, within a region identified with a diversified agricultural base. The building is reported at 100% capacity, and one Morgan County Quality Water Tap is included.

Key Highlights

  • Four‑unit property with 3‑bedroom and 2‑bedroom floor plans
  • Unit mix includes 3 Bed/2 Bath, 2 Bed/1 Bath, 3 Bed/1 Bath, and 2 Bed/1 Bath
  • Recent bathroom updates completed

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 80701, CO

16,101
Population
6,575
Households
2.4
Avg Household Size
35
Median Age
19%
College-Educated
84%
High-School Grad
616.5 sq mi
ZIP Area
26
Density / Sq Mi
$72,500
Median Household Income
$41,071
Median Earnings
$1,096
Median Rent
$318,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied rental with varied floor plans and recent bathroom and select kitchen improvements.
Where is this quadplex located?
The property is located at 16223 County Road 19 Fort Morgan, CO.
What are key features of this property?
This property features: Four‑unit property with 3‑bedroom and 2‑bedroom floor plans; Unit mix includes 3 Bed/2 Bath, 2 Bed/1 Bath, 3 Bed/1 Bath, and 2 Bed/1 Bath; Recent bathroom updates completed
(970) 441-1126 Call to check price and availability
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