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5-Unit Apartment Building
New
For Sale
$449,000

630 W 6th Street #5, Craig, CO 81625

Every apartment is leased, with lease terms running through summer 2027.

Property SizeContact for details
Days on Market2

Property Features for 630 W 6th Street #5

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 5

Additional Details

Gross Income $52,800
Tenant in Place Yes

Amenities

off-street parking

Building Details

Year Built 1940
Buildings 1
Listing Agency: Country Living Realty
Listed By: Andrea Camp · License #218500133
Source: Thesmitsteam
Added: Oct 24 Last Checked: Oct 24 at 2:43PM

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 Country Living Realty

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Investment Insights

Based on property information with market context.

Built in 1940, this five-unit apartment property contains four two-bedroom, one-bathroom apartments and one one-bedroom, one-bathroom apartment. All five units are occupied, with leases extending through summer 2027. Recent work includes refreshed paint, flooring, and selected appliance replacements in two apartments, along with installation of three newer water heaters. Off-street parking is positioned behind the building.

The property is within walking distance of a public library, grocery stores, restaurants, schools, and churches in Craig, Colorado.

Key Highlights

  • Five apartments: four with 2 bedrooms and 1 bathroom, plus one with 1 bedroom and 1 bathroom
  • All five units are occupied; leases extend through summer 2027
  • Two units have updated paint, flooring, and selected appliances

Property Analytics

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

838
Businesses Nearby

Demographics for 81625, CO

12,560
Population
5,667
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
93%
High-School Grad
1,507.4 sq mi
ZIP Area
8
Density / Sq Mi
$73,649
Median Household Income
$43,764
Median Earnings
$1,059
Median Rent
$266,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Every apartment is leased, with lease terms running through summer 2027.
Where is this apartment building located?
The property is located at 630 W 6th Street #5 Craig, CO.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Five apartments: four with 2 bedrooms and 1 bathroom, plus one with 1 bedroom and 1 bathroom; All five units are occupied; leases extend through summer 2027; Two units have updated paint, flooring, and selected appliances
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