Updated Five-Unit Apartment
New
For Sale
$1,295,000
195 Silverview Lane, Durango, CO 81303
Two separate buildings contain a fully occupied mix of one- and two-bedroom residences.
Property Size3,556 SF
Price / SF$364.17
Days on Market6
Property Features for 195 Silverview Lane
General Information
Standard status
Active
Size
3,556 SF
Property subtype
Multi Family Home
Occupancy
100%
Units
Unit Mix
1 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units
5
Additional Details
Tenant in Place
Yes
Building Details
Building Size
3,556 SF
Year Built
1973
Buildings
2
Units
5
Listing Agency:
Grand Mesa Real Estate Services
(970) 512-3000
Listed By:
Lucinda Stanley
(970) 201-2152
Source:
Grandmesares
Added: Oct 20
Changed: Oct 24
Last Checked: Oct 24 at 2:45PM
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 Grand Mesa Real Estate Services
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Investment Insights
Based on property information with market context.
Five apartments totaling 3,556 square feet are arranged across two buildings, one with two residences and the other with three. The mix consists of four one-bedroom, one-bath units and one two-bedroom, one-bath unit. Built in 1973, all five residences have received improvements; three were remodeled, while the remaining two were updated.
The property occupies nearly 2 acres at 195 Silverview Lane in Durango, Colorado. Mercy Hospital and Three Springs are nearby, and the apartments are currently rented.
The property occupies nearly 2 acres at 195 Silverview Lane in Durango, Colorado. Mercy Hospital and Three Springs are nearby, and the apartments are currently rented.
Key Highlights
- Five apartments across two buildings
- 3,556 square feet on nearly 2 acres
- Four 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
Property Analytics
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Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
128
Businesses Nearby
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Demographics for 81303, CO
8,027
Population
4,181
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
93%
High-School Grad
145.3 sq mi
ZIP Area
55
Density / Sq Mi
$94,565
Median Household Income
$42,933
Median Earnings
$1,424
Median Rent
$535,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two separate buildings contain a fully occupied mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 195 Silverview Lane Durango, CO.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Five apartments across two buildings; 3,556 square feet on nearly 2 acres; Four 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
