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- LoopNet Team
1304 Florida Rd
Durango, CO 81301
1304 Apartments · Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- • Affordably Priced Multifamily Community in a Rapidly Growing and Highly Visible Durango Location, Just 5 Minutes to Downtown Durango and Fort Lewis
- • Community Amenities Include Landscaped Grounds, Outdoor Gathering Spaces, Covered Parking, and On-Site Storage
- • Adjacent to City of Durango Transit Stops and Commuter Bike Trails
- • Opportunity to Individually Lease the 4 Bedroom Units by Room for Ability to React to Market Demand and Provide Flexibility
- • Modern Units with High-End Finishes Including Pendant Lighting, Walk-In Closets, Solid Countertops, and Private Balconies
PROPERTY FACTS
| No. Units | 20 | Building Size | 34,286 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2017 |
| Building Class | B | Parking Ratio | 1.31/1,000 SF |
| Lot Size | 0.87 AC |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.87 AC |
| Building Size | 34,286 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2017 |
| Parking Ratio | 1.31/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Freezer
SITE AMENITIES
- Storage Space
- Public Transportation
- Roommate Matching
ABOUT 1304 FLORIDA RD , DURANGO, CO 81301
1304 Apartments is a 68-bed (20-unit), new construction, multifamily apartment investment opportunity located in Durango, CO. The property has been rated “Best of Durango” 3 years in a row by providing residents a paramount location, luxury condo quality amenities, and gorgeous interiors at a truly superb value. The new construction and modern designed buildings are ideally situated on a highly visible corner lot, adjacent to public transit stops, with many of the local’s favorite eateries and amenities just steps away. The community was thoughtfully designed and developed in 2017 to offer residents one of the highest quality living options in town, at affordable prices, and conveniently located only 5 minutes to Fort Lewis College and Historic Downtown Durango.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | 516 |
| 1+1 | 2 | - | 850 |
| 4+4 | 16 | - | 1,280 |
PROPERTY TAXES
| Parcel Number | R420169 | Improvements Assessment | $483,950 |
| Land Assessment | $44,870 | Total Assessment | $528,820 |
PROPERTY TAXES
