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Property profile & analytics
OFF-MARKET
Commercial real estate

528 Oakbrush Cir Collbran, CO 81624

3,456 SF Built 1979
Property ID
Property summary
AI-generated overview

This recently remodeled four-plex in the charming town of Collbran, Colorado, presents a compelling investment opportunity. Situated on the Western Slope, this two-story building boasts stunning Battlement Mountain Range views and offers easy access to Highways 330 and 65, providing convenient connections to the I-70 corridor. The property comprises two 2-bedroom units and two 3-bedroom units, all recently upgraded with modern amenities. Each unit features new carpeting, laminate/vinyl flooring, and fresh paint throughout. Upgrades also include new light fixtures, updated bathrooms, and efficient electric radiant ceiling heat. Kitchens are equipped with new wood cabinets, refrigerators, electric ranges/ovens, and double sinks. A washer and dryer is included in each unit. The property also includes a community lawn, a patio sitting area for tenants, and a newly graveled parking area. Each unit has its own meter and is currently generating income. Utilities readily available include UPS and FedEx delivery services, landline phone, satellite and internet access, and trash service. The property's location offers proximity to town amenities, events, and outdoor recreation, including Powderhorn Ski Resort, Grand Mesa National Forest, and Vega Reservoir. The units are designed with well-thought-out floor plans, featuring large bedroom closets and hallway closets with shelving. Furthermore, this property has the potential to be sold as individual condo units if desired.

Property profile
Verified
Property type Commercial real estate
Year built 1979
Total area 3,456 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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