Property summary
This exceptional eight-unit multifamily investment property, located at 3043 17th Avenue in Longmont, Colorado, presents a compelling opportunity for discerning investors. Built in 1971, this well-maintained property boasts 7,876 square feet and offers all large two-bedroom units, providing substantial rental income potential. Convenient on-site storage and coin-operated laundry add to the property's appeal and enhance resident convenience. The property's strategic location in north Longmont, east of Hygiene and south of McIntosh Lake, provides residents with easy access to a wealth of retail, entertainment, and dining options. Its proximity to Downtown Longmont, Boulder, and other major employment centers ensures high occupancy rates and strong rental demand. The property benefits from excellent connectivity to major transportation arteries, including Highway 66, providing direct access to Interstate 25 and scenic routes to Lyons and Estes Park. A significant advantage is the availability of a loan assumption for qualified buyers, featuring a fixed interest rate of 3.77% until June 2030, subject to Freddie Mac Borrower Requirements. This attractive financing option, coupled with the property's desirable unit mix and coveted location, positions this investment for strong returns, capital appreciation, and long-term stability, further enhanced by Longmont's continued growth fueled by Boulder County's expansion. This is a rare opportunity to acquire a well-positioned multifamily asset with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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