Multifamily
For Sale
Contact for pricing
314 Urban Prairie Street, Fort Collins, CO 80524
Townhome built in 2017 within CS zoning.
Property Size2,170 SF
Price / SF$384.79
Days on Market54
Property Features for 314 Urban Prairie Street
General Information
Standard status
Active
Size
2,170 SF
Class
A
Total Parking Spaces
3
Property subtype
Multifamily
Zoning
CS
Building Details
Year Built
2017
Buildings
1
Stories
2
Units
2
Listing Agency:
Group Mulberry
Listed By:
Mark Bishop · License #FA.100057037
(970) 377-4979
Source:
Crexi
Added: Aug 25
Changed: Oct 7
Last Checked: Oct 16 at 9:27AM
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 Group Mulberry
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Investment Insights
Based on property information with market context.
This multifamily property is configured as a townhome and was completed in 2017. The asset carries CS zoning and is identified as a residential income property within the multifamily classification.
The property is located at 314 Urban Prairie Street in Fort Collins, Colorado 80524. Its recorded property size is 2170.
The property is located at 314 Urban Prairie Street in Fort Collins, Colorado 80524. Its recorded property size is 2170.
Key Highlights
- Townhome configuration
- Built in 2017
- CS zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,940
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,800
$538.8K
Cap Rate 7%
$384,857
$384.9K
Cap Rate 9%
$299,333
$299.3K
Market Conditions
NOI Build-Up for 2,170 SF
Gross rent
$51.6K $23.76/SF
− Vacancy
−$2.6K −$1.19/SF
EGI
$49.0K $22.57/SF
− OpEx
−$22.0K −$10.16/SF
NOI
$26.9K $12.41/SF
Area
Fort Collins, CO
Vacancy
5.00%
Lease Rate
$23.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,800
Cap Rate 7%
$384,857
Cap Rate 9%
$299,333
Alternative Uses
Best Use
Apartment 5plus
$384.9K
$336.8K – $449.0K
NOI $26,940 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$565.1K
$494.4K – $659.3K
NOI $39,555 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 80524, CO
39,030
Population
17,548
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
94%
High-School Grad
122.7 sq mi
ZIP Area
318
Density / Sq Mi
$84,440
Median Household Income
$45,046
Median Earnings
$1,623
Median Rent
$527,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Townhome built in 2017 within CS zoning.
Where is this multifamily property located?
The property is located at 314 Urban Prairie Street Fort Collins, CO.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Townhome configuration; Built in 2017; CS zoning
