Well-Maintained Fourplex Investment
513 West Geneseo Street Lafayette, CO 80026
For Sale
Contact for pricing
Fourplex with one-bedroom units and strong rental history.
Property Size2,380 SF
Price / SF$378.15
Days on Market67
Property Features for 513 West Geneseo Street
General Information
Standard status
Active
Size
2,380 SF
Property subtype
Multifamily
Building Details
Year Built
1977
Listing Agency:
WK Real Estate
(720) 564-6048
Listed By:
Dan Tremblay · License #CO FA100071273
Source:
Crexi
Added: May 25
Changed: Jul 10
Last Checked: Jul 29 at 11:01AM
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 WK Real Estate
Investment Insights
Based on property information with market context.
This well-maintained fourplex features four one-bedroom units. The property has a strong rental history and stable occupancy. It is an excellent investment opportunity in a growing rental market. The property size is 2380 square feet.
Key Highlights
- Strong rental history
- Stable occupancy
- Four one‑bedroom units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.0k | $28.56 |
| − Vacancy | −$4.4k | −$1.86 |
| EGI | $63.6k | $26.70 |
| − OpEx | −$19.1k | −$8.01 |
| NOI | $44.5k | $18.69 |
2,380 SF · lease $28.56/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$635.5K
$556.1K – $741.5K
NOI $44,488 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$591.9K
$517.9K – $690.5K
NOI $41,431 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$718.1K
$628.3K – $837.8K
NOI $50,266 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex with one-bedroom units and strong rental history.
Where is this quadplex located?
The property is located at 513 West Geneseo Street Lafayette, CO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Strong rental history; Stable occupancy; Four one‑bedroom units
