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    FOR SALE
    Apartment buildings

    863 E Main St Rangely, CO 81648

    Built 1979
    Property ID
    US13-1776782
    863 E Main St, Rangely, CO 81648 For Sale 1 / 34
    $1,800,000
    863 E Main St, Rangely, CO 81648
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    **THE LISTING IS FOR 2 BUILDINGS TOTALING 24 UNITS. THE ADDRESSES ARE: 863 E MAIN ST., AND 125 DARIUS ST. RANGELY, CO. 81648 Investment Opportunity: Multi-Family Discover this prime investment opportunity: a well-maintained multi-family complex consisting of 24, two-bedroom, one-bathroom apartments spread across two buildings. Situated in close proximity to Colorado Northwestern Community College, renowned for its Dental Hygiene, Aviation, and Park Ranger Training Programs, this property enjoys a steady stream of reliable tenants. Built in 1979 and meticulously upgraded over the years, this complex features a newly paved asphalt parking lot and numerous renovated units. With its convenient location and strong rental demand, this property offers a promising investment opportunity. Key Features: 24 units (2 buildings) 2-bedroom, 1-bathroom layouts Prime location near Colorado Northwestern Community College Recent upgrades, including new parking lot and renovated units Strong rental demand and potential for steady income Don't miss out on this exceptional investment opportunity

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1979
    UPID US13-1776782
    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
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    863 E Main St, Rangely, CO, 81648
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