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1140 Lincoln St 8 Unit Apartment Building Offered at $1,474,800 Norwood, CO 81423

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Investment Highlights

Strong rental history and consistent income performance
Increasingly desirable market with continued regional growth and housing demand.

Turnkey property is ready to go while still offering future upside and investment potential

Executive Summary

Exceptional mixed-use investment opportunity in a growing community serving as a desirable bedroom community to Telluride. This income-producing property features 2 commercial spaces and 6 residential units across two buildings, including a separate 3-bedroom, 1-bath home. The main building offers five rental units plus two commercial spaces, creating a diverse and stable income stream. Ample parking, on-site laundry facilities, and additional storage. With a strong rental history and consistent income performance, this turnkey property is ready to go while still offering future upside and investment potential in an increasingly desirable market with continued regional growth and housing demand.

1175 Grand Ave Norwood Flyer

Financial Summary (Actual - 2025)	Annual	Annual Per SF
Taxes	$4,931	$0.83
Operating Expenses	-	-
Total Expenses	$4,931	$0.83

Financial Summary (Actual - 2025)

Taxes
Annual	$4,931
Annual Per SF	$0.83

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$4,931
Annual Per SF	$0.83

Property Facts

Price	$1,474,800	Average Occupancy	88%
Price Per Unit	$184,350	No. Stories	1
Sale Type	Investment	Year Built/Renovated	1974/2024
No. Units	8	Parking Ratio	2.36/1,000 SF
Property Type	Multifamily General Retail Storefront Retail/Residential Multifamily Apartments Office Office Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Size	5,939 SF
Zoning	Residential/Commercial - Both Commercial and Residential use or a combination of both as in the current configuration.

Price	$1,474,800
Price Per Unit	$184,350
Sale Type	Investment
No. Units	8
Property Type	Multifamily General Retail Storefront Retail/Residential Multifamily Apartments Office Office Residential
Building Size	5,939 SF
Average Occupancy	88%
No. Stories	1
Year Built/Renovated	1974/2024
Parking Ratio	2.36/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Residential/Commercial - Both Commercial and Residential use or a combination of both as in the current configuration.