24-Unit Multifamily Investment
863 E Main Street Rangely, CO 81648
For Sale
$1,800,000
Two buildings totaling 24 units near Colorado Northwestern Community College.
Property Size19,584 SF
Lot Size1.58 Acres
Price / SF$91.91
Days on Market705
Property Features for 863 E Main Street
General Information
Standard status
Active
Size
19,584 SF
Lot size
1.58 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1979
Listing Agency:
Tradewind Real Estate LLC
(970) 568-8162
Listed By:
Michael Tilley · License #40022678
(970) 568-8162
Source:
Exitrealty
Added: Aug 24, 2024
Changed: Jul 6
Last Checked: Jul 29 at 4:38AM
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 Tradewind Real Estate LLC
Investment Insights
Based on property information with market context.
This offering presents an investment opportunity featuring a multi-family complex comprising 24 units across two buildings. Each unit offers a two-bedroom, one-bathroom layout. The property is located near Colorado Northwestern Community College, which is known for its Dental Hygiene, Aviation, and Park Ranger Training Programs. Constructed in 1979, the complex has undergone upgrades over the years, including a newly paved asphalt parking lot and renovated units. The property size is 19584 square feet. The location and upgrades contribute to strong rental demand and potential for steady income.
Key Highlights
- 24 Units (2 Buildings) - Substantial multi‑family investment opportunity.
- Prime Location - Close proximity to Colorado Northwestern Community College ensures consistent tenant demand.
- Desirable 2‑Bedroom, 1‑Bathroom Layouts for renters.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings totaling 24 units near Colorado Northwestern Community College.
Where is this apartment building located?
The property is located at 863 E Main Street Rangely, CO.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 24 Units (2 Buildings) - Substantial multi‑family investment opportunity.; Prime Location - Close proximity to Colorado Northwestern Community College ensures consistent tenant demand.; Desirable 2‑Bedroom, 1‑Bathroom Layouts for renters.
