Contemporary Duplex With Attached
For Sale
$455,000
5974 Rendezvous Pkwy, Timnath, CO 80547
Residential, Timnath, CO
Property Size1,470 SF
Lot Size0.08 Acres
Price / SF$309.52
Days on Market74
Property Features for 5974 Rendezvous Pkwy
General Information
Property type
Residential
Property subtype
Duplex
Zoning
Res
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Rooms
Dining Room, Laundry Room, Bedroom 2, Bedroom 1, Laundry Room, Bathroom 2, Bathroom 1
Parking features
Open
Window features
Window Coverings
Patio and Porch features
Patio
Interior features
Eat-in Kitchen, Cathedral Ceiling(s), Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar, Washer/Dryer Hookup, Kitchen Island
Exterior features
Sprinkler System
Appliances
Electric Range, Gas Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal, Fire Alarm
Subdivision
Rendezvous Filing 2
Lot features
House/ Lot Faces S W, Paved, Curbs, Gutters, Sidewalks, Street Light, Fire Hydrant within 500 Feet
Elementary school
Timnath
Middle school
Timnath Middle-High School
High school
Timnath Middle-High School
Elementary school district
Poudre
Middle school district
Poudre
High school district
Poudre
Directions
Harmony Rd & Signal Tree Dr.Head south on Signal Tree Dr, At the traffic circle, take the 3rd exit and stay on Signal Tree Dr, At the traffic circle, take the 2nd exit onto Stone Fly Dr, Continue onto Rendezvous Pkwy. The property will be on the left.
Standard status
Active
APN
R1672708
Size
1,470 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4914
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Amenities
dedicated coffee + beverage bar with wine cooler
pickleball courts
parks
green spaces
Building Details
Year built
2022
Floors in Building
1
Building materials
Frame
Roof type
Composition
Architectural style
Contemporary
Listing Agency:
Real
(720) 807-2890
Listed By:
Kevin McDougal
(720) 318-8245
Added: Jun 24
Changed: Sep 4
Last Checked: Sep 5 at 1:06AM
MLS# 1062589
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Constructed in 2022, this contemporary duplex property offers 1,470 square feet of open, light-filled living space on a 0.08-acre lot. Vaulted ceilings, expansive windows, and warm wood-tone flooring shape the main living areas. The kitchen includes quartz countertops, gray cabinetry, stainless steel appliances, a gas range, built-in wall oven, pantry storage, and an oversized island with seating. A beverage bar with wine cooler adds further function.
The primary suite features a walk-in closet and ensuite bathroom with dual vanities. A secondary bedroom and additional bathroom provide flexible interior space, while the patio and side yard extend the living area outdoors. The property also includes a rear-entry attached two-car garage, forced-air heating, central air, public sewer, and a composition roof.
Community amenities include pickleball courts, parks, and green spaces. The property is located in Timnath, with access toward Fort Collins and nearby Colorado outdoor surroundings.
The primary suite features a walk-in closet and ensuite bathroom with dual vanities. A secondary bedroom and additional bathroom provide flexible interior space, while the patio and side yard extend the living area outdoors. The property also includes a rear-entry attached two-car garage, forced-air heating, central air, public sewer, and a composition roof.
Community amenities include pickleball courts, parks, and green spaces. The property is located in Timnath, with access toward Fort Collins and nearby Colorado outdoor surroundings.
Key Highlights
- Constructed in 2022 with 1,470 square feet of living space
- 0.08‑acre lot in Timnath, CO
- Kitchen with quartz counters, gas range, wall oven, pantry, and oversized island
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,131
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$302,620
$302.6K
Cap Rate 7%
$216,157
$216.2K
Cap Rate 9%
$168,122
$168.1K
Market Conditions
NOI Build-Up for 1,470 SF
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.
Gross rent
$22.6K $15.36/SF
− Vacancy
−$964 −$0.66/SF
EGI
$21.6K $14.70/SF
− OpEx
−$6.5K −$4.41/SF
NOI
$15.1K $10.29/SF
Area
Larimer County, CO
Vacancy
4.27%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$302,620
Cap Rate 7%
$216,157
Cap Rate 9%
$168,122
Alternative Uses
Best Use
Multifamily LT 5
$216.2K
$189.1K – $252.2K
NOI $15,131 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$199.9K
$174.9K – $233.2K
NOI $13,991 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$394.6K
$345.3K – $460.3K
NOI $27,620 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
Explore this area
Business Placement
Demographics for 80547, CO
6,536
Population
2,843
Households
2.3
Avg Household Size
35
Median Age
73%
College-Educated
99%
High-School Grad
5.7 sq mi
ZIP Area
1,147
Density / Sq Mi
$171,971
Median Household Income
$79,285
Median Earnings
$2,040
Median Rent
$719,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Newer low-maintenance property with open interiors, modern finishes, and access to community pickleball courts, parks, and green spaces.
Where is this duplex located?
The property is located at 5974 Rendezvous Pkwy Timnath, CO.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Constructed in 2022 with 1,470 square feet of living space; 0.08‑acre lot in Timnath, CO; Kitchen with quartz counters, gas range, wall oven, pantry, and oversized island
