Four-Unit
For Sale
$950,000
1931 Ross Ct, Fort Collins, CO 80526
Each residence has a two-bedroom layout, with parking provided at two spaces per unit.
Property Size3,350 SF
Price / SF$283.58
Days on Market13
Property Features for 1931 Ross Ct
General Information
Standard status
Active
Size
3,350 SF
Property subtype
Residential Income
Zoning
MMN
Site & Location
Neighborhood
Stadium Heights
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$6,104
Amenities
Full
Window Coverings
Assessor
Corner Lot,Paved,Curbs,Gutters,Sidewalks,Street Light,Fire Hydrant within 500 Feet
City
10266
2 Spaces/Unit
8
0.24
No
Asphalt
Sprinkler System
City Street
Building Details
Year Built
1972
Listing Agency:
(970) 594-9228
Listed By:
Todd Jeskulski
Source:
Focalrealestategroup
Added: Oct 19
Changed: Oct 31
Last Checked: Oct 31 at 5:12AM
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 Todd Jeskulski
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Investment Insights
Based on property information with market context.
This four-unit multifamily property contains 3,350 square feet and was built in 1972. The residences have two-bedroom layouts, and parking is provided at two spaces per unit. The property is zoned MMN.
The Fort Collins address places the property within minutes of Colorado State University, Horsetooth Reservoir, and Pineridge Natural Area. Site features include a corner lot, paved surfaces, sidewalks, curbs, gutters, street lighting, and a sprinkler system.
The Fort Collins address places the property within minutes of Colorado State University, Horsetooth Reservoir, and Pineridge Natural Area. Site features include a corner lot, paved surfaces, sidewalks, curbs, gutters, street lighting, and a sprinkler system.
Key Highlights
- Four units with two‑bedroom layouts
- 3,350 square feet; built in 1972
- Parking at two spaces per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,817
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$896,340
$896.3K
Cap Rate 7%
$640,243
$640.2K
Cap Rate 9%
$497,967
$498.0K
Market Conditions
NOI Build-Up for 3,350 SF
Gross rent
$67.5K $20.16/SF
− Vacancy
−$3.5K −$1.05/SF
EGI
$64.0K $19.11/SF
− OpEx
−$19.2K −$5.73/SF
NOI
$44.8K $13.38/SF
Area
Fort Collins, CO
Vacancy
5.20%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$896,340
Cap Rate 7%
$640,243
Cap Rate 9%
$497,967
Alternative Uses
Best Use
Multifamily LT 5
$640.2K
$560.2K – $747.0K
NOI $44,817 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$594.1K
$519.9K – $693.2K
NOI $41,589 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$872.3K
$763.3K – $1.02M
NOI $61,064 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
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Business Placement
Demographics for 80526, CO
45,624
Population
19,463
Households
2.3
Avg Household Size
35
Median Age
57%
College-Educated
98%
High-School Grad
32.0 sq mi
ZIP Area
1,426
Density / Sq Mi
$89,098
Median Household Income
$42,496
Median Earnings
$1,641
Median Rent
$520,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has a two-bedroom layout, with parking provided at two spaces per unit.
Where is this quadplex located?
The property is located at 1931 Ross Ct Fort Collins, CO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four units with two‑bedroom layouts; 3,350 square feet; built in 1972; Parking at two spaces per unit
