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2229 Collyer St Longmont, CO 80501

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For Sale
$6,585,000

Portfolio of nine properties with 23 residential units in Longmont.

Property size:
23,921 SF

Property Features for 2229 Collyer St

General Information

Standard status
Active
Size
23,921 SF

Building Details

Year built
1980

Source: MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES OF ATLANTA, INC. Agent CLAYTON PRIMM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Longmont Multifamily Portfolio: Nine Properties

The Longmont Nine Pack presents an opportunity to acquire 23 residential units distributed across nine properties in Longmont, Colorado. The properties are located within two miles of each other. The portfolio includes a mix of one-, two-, three-, and four-bedroom floorplans. The properties at 2444 and 2446 Scott Ct each contain two four-bedroom units with two bathrooms and a two-car garage. The properties at 1402 and 1404 Terry St include one three-bedroom unit with two bathrooms and a two-car garage, and one three-bedroom unit with two and a half bathrooms and a one-car garage. The properties at 1345 and 1347 Emery St each contain two three-bedroom units with one and a half bathrooms and a one-car garage. The properties at 2114 and 2116 Dexter Dr each contain two two-bedroom units with one bathroom and a one-car garage. The properties at 1735 and 1737 Duchess Dr each contain two two-bedroom units with one bathroom and a one-car garage. The properties at 321 and 323 10th Ave include one two-bedroom unit with one bathroom and one three-bedroom unit with one bathroom. The property at 1136 Bross St contains one four-bedroom unit with two bathrooms and a two-car garage. The properties at 2229 Collyer St contain four one-bedroom units with one bathroom and four two-bedroom units with one bathroom. The properties at 1734 and 1736 Princess Dr each contain two two-bedroom units with one bathroom. The portfolio generates strong in-place income, with current gross annual rents exceeding $566,700. Average rent per unit ranges from $1,350 to $2,635, depending on unit size. The total property size is 23,921 square feet. Longmont benefits from strong tenant demand and growing pressure on housing affordability, positioning this portfolio as a rental alternative to home ownership.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Country Customs RV ... Rv Repair Shop

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Longmont
County
Weld
State
Colorado
Longitude
-105.098041
Latitude
40.198435

FAQs

What type of property is this?
Apartment building - Portfolio of nine properties with 23 residential units in Longmont.
Where is this apartment building located?
The property is located at 2229 Collyer St Longmont, CO.
What is the asking price?
The asking price for this property is $6,585,000.
What are key features of this property?
This property features: - Portfolio of 23 residential units across nine properties in Longmont.; - Diverse unit mix including one-, two-, three-, and four-bedroom floorplans.; - Strong in-place income with gross annual rents exceeding $566,700.
More about this property
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