60 Cascade Ave Alamosa, CO 81101

This exceptional investment opportunity presents a four-unit apartment building located at 60 Cascade Ave, Alamosa, CO 81101. The property, encompassing 3,490 square feet on a 0.2-acre lot, is a two-story building currently operating at 100% occupancy. Each of the four units is equipped with a washer and dryer, and the kitchens include dishwashers. The building features two two-bedroom units upstairs and two one-bedroom units downstairs, all recently updated. The asking price is $725,000, translating to $207.74 per square foot and $181,250 per unit. The property boasts a strong rental history and is conveniently located near Cole Park. A seller concession is available for exterior improvements or an interest rate buy-down. The property is owned as a corporation. An existing property manager is in place and willing to continue management post-sale, if desired by the new owner. This presents a compelling opportunity for investors seeking a stable, income-generating asset in a vibrant Colorado community. Note that an adjacent single-family home at 62 Cascade Ave is also available for purchase, presenting a unique opportunity to acquire both properties.