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Cleborn Multi-Family 130 Cleborn St 4 Unit Apartment Building $749,000 ($187,250/Unit) Lake City, CO 81235
Investment Highlights
- Prime Location
- Off street parking
- Mountain Views
Executive Summary
The Cleborn multi-family complex presents a fantastic investment opportunity with its four unique units and additional rental suite. Key features include:
•Unit Details: Each apartment boasts unique floor plans, with two featuring full bathrooms and two with three-quarter bathrooms. The rental suite includes a spacious 5-piece bath, offering versatility for future modifications, such as a kitchenette to create a studio or an extension to a one-bedroom unit.
•Amenities: On-site laundry facilities, off-street parking, and outside decks enhance tenant convenience and comfort, while captivating mountain views add to the appeal.
•Property Features: The complex is situated on a 0.21-acre lot, partially treed, with ample parking. A recently updated Quonset hut provides valuable storage for vehicles and recreational equipment.
•Location: Ideally located near the Lake Fork of the Gunnison River, Memorial Park, and downtown Lake City, residents enjoy easy access to walking trails, restaurants, and shopping.
This well-maintained property with modern updates and excellent potential for expansion makes it a prime choice for investors.
•Unit Details: Each apartment boasts unique floor plans, with two featuring full bathrooms and two with three-quarter bathrooms. The rental suite includes a spacious 5-piece bath, offering versatility for future modifications, such as a kitchenette to create a studio or an extension to a one-bedroom unit.
•Amenities: On-site laundry facilities, off-street parking, and outside decks enhance tenant convenience and comfort, while captivating mountain views add to the appeal.
•Property Features: The complex is situated on a 0.21-acre lot, partially treed, with ample parking. A recently updated Quonset hut provides valuable storage for vehicles and recreational equipment.
•Location: Ideally located near the Lake Fork of the Gunnison River, Memorial Park, and downtown Lake City, residents enjoy easy access to walking trails, restaurants, and shopping.
This well-maintained property with modern updates and excellent potential for expansion makes it a prime choice for investors.
Property Facts
| Price | $749,000 | Building Class | C |
| Price Per Unit | $187,250 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 3,096 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1977/2024 |
| Apartment Style | Low-Rise | Parking Ratio | 2.58/1,000 SF |
| Zoning | Other - multi-use | ||
| Price | $749,000 |
| Price Per Unit | $187,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,096 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built/Renovated | 1977/2024 |
| Parking Ratio | 2.58/1,000 SF |
| Zoning | Other - multi-use |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
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Cleborn Multi-Family | 130 Cleborn St
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