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8-Unit Apartment Building
New
For Sale
$600,000

8811 South Us Hwy 285, Alamosa, CO 81101

Eight occupied rentals are served by a commercial well and a recently installed three-tank septic system.

Property Size14,468 SF
Price / SF$41.47
Days on Market5

Property Features for 8811 South Us Hwy 285

General Information

Standard status Active
Size 14,468 SF
Property subtype Multi Family Home
Occupancy 100%

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 8
Tenant in Place Yes

Building Details

Building Size 14,468 SF
Year Built 1948
Stories 1
Units 8
Listing Agency: Grand Mesa Real Estate Services
Listed By: Lucinda Stanley
Source: Grandmesares
Added: Oct 21 Changed: Oct 24 Last Checked: Oct 24 at 2:59PM

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 Grand Mesa Real Estate Services

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Investment Insights

Based on property information with market context.

This 8-unit apartment building has occupied rentals and has undergone recent repairs. Water is supplied by a commercial well, and the property has a three-tank septic system installed recently. The building dates to 1948.

The parcel is in Alamosa County, outside city limits, with access just off US Hwy 285.

Key Highlights

  • 8 occupied rental units
  • Recently installed three‑tank septic system
  • Commercial well serves the building

Property Analytics

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Lease Details

8
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 81101, CO

15,657
Population
6,739
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
89%
High-School Grad
369.0 sq mi
ZIP Area
42
Density / Sq Mi
$50,020
Median Household Income
$29,138
Median Earnings
$908
Median Rent
$216,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Eight occupied rentals are served by a commercial well and a recently installed three-tank septic system.
Where is this apartment building located?
The property is located at 8811 South Us Hwy 285 Alamosa, CO.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 8 occupied rental units; Recently installed three‑tank septic system; Commercial well serves the building
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