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Property profile & analytics
OFF-MARKET
Residential income homes

0 6Th St Gunnison, CO 81230

0.53 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.527-acre property in Gunnison, Colorado, presents a remarkable opportunity for multifamily development. Located on S 6th St, 81230, this R3-zoned lot boasts convenient access from both the street and an alley, making it ideal for a high-density project. All extensive preliminary site work and entitlements have been completed by the current owner, a seasoned developer/builder, significantly streamlining the development process. The property's location offers future residents easy access to downtown Gunnison's amenities, including restaurants, shops, and parks. Current plans allow for up to seven residential units, making this a prime investment for developers seeking to capitalize on Gunnison's growing housing demand. Whether envisioning a rental portfolio, a townhome community, or a custom residential project, this property provides the location, flexibility, and preparation to bring your vision to fruition. This is a chance to contribute to Gunnison's vibrant residential landscape. The asking price is $425,000.

Property profile
Verified
Property type Residential income homes
Lot 0.53 ac (22,956 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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