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Property profile

1300 Holly Ave Longmont, CO 80501

OFF-MARKET
Apartment buildings
Property ID
US13-0800731
3,204 SF 0.24 ac lot Built 1977
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Property summary

AI-generated overview

This exceptional investment opportunity presents a three-unit apartment building located at 1300-1304 Holly Ave, Longmont, CO 80501, in Boulder County. The property boasts a total of 3,204 square feet, situated on a 0.24-acre lot. Built in 1977, the building is a two-story structure featuring three units, each approximately 1,068 square feet. Each unit includes two bedrooms and two bathrooms. The property offers three parking spaces with carports and storage. The permitted zoning is R-MN Residential Mixed Neighborhood per the City of Longmont. Currently fully leased, this property presents a strong cash flow with potential for future rental increases given below-market lease rates. Landlord responsibilities include water, sewer, and trash services, while tenants are responsible for electricity and telecommunications/data/television services. This well-maintained property represents a rare opportunity in a thriving Longmont market, offering significant potential for long-term growth and return on investment. The property's location in Longmont provides convenient access to local amenities and services. This is a turnkey investment ready for a new owner.

Property profile

Verified
Property type Apartment buildings
Year built 1977
Total area 3,204 SF
Lot 0.24 ac (10,454 SF)
UPID US13-0800731

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1300 Holly Ave Longmont, CO 80501
Longmont metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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