Rangely Multifamily Investment
For Sale
Contact for pricing
206 E Main St, Rangely, CO 81648
16-unit multifamily property in Rangely, Colorado with value-add potential.
Property Size12,148 SF
Lot Size0.84 Acres
Days on Market122
Property Features for 206 E Main St
General Information
Standard status
Active
Size
12,148 SF
Lot size
0.84 Acres
Property subtype
Multifamily
Zoning
T
Listing Agency:
Pinnacle Real Estate Advisors
Listed By:
Kenny Clarke · License #FA.100087388
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 8 at 3:39PM
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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
Adora Apartments is a 16-unit multifamily property located at 206 E. Main Street, Rangely, Colorado. Constructed in 1993, the property includes three buildings situated on a 0.84-acre lot. The buildings offer a combined rentable space of 12,148 square feet. There are 40 dedicated parking spaces available. The property is strategically positioned on Main Street, offering convenient access to local attractions and essential amenities. These amenities include schools, healthcare facilities, and Colorado Northwestern Community College. This property presents a compelling investment opportunity in a strategically located Colorado town. The property is ideal for investors seeking a value-add opportunity in an affordable, underserved market, with current rental demand and upside potential through rent increases and expansion.
Key Highlights
- 16‑unit multifamily property with 12,148 square feet of rentable space.
- Located on Main Street, close to local attractions, schools, healthcare, and Colorado Northwestern Community College.
- Value‑add opportunity through rent increases and expansion.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Explore this area
Business Placement
Demographics for 81648, CO
2,677
Population
1,351
Households
2
Avg Household Size
35
Median Age
17%
College-Educated
93%
High-School Grad
1,085.7 sq mi
ZIP Area
2
Density / Sq Mi
$75,482
Median Household Income
$37,656
Median Earnings
$774
Median Rent
$199,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 16-unit multifamily property in Rangely, Colorado with value-add potential.
Where is this apartment building located?
The property is located at 206 E Main St Rangely, CO.
What are key features of this property?
This property features: 16‑unit multifamily property with 12,148 square feet of rentable space.; Located on Main Street, close to local attractions, schools, healthcare, and Colorado Northwestern Community College.; Value‑add opportunity through rent increases and expansion.
