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1308 Snowberry Lane 1308 Snowberry Ln 7 Unit Apartment Building $3,950,000 ($564,286/Unit) 4.11% Cap Rate Louisville, CO 80027
Investment Highlights
- New Build
- Lots of Natural Light
Executive Summary
New Build Condo Building.
421k per unit
9 of 12 Units available. All include parking, first level has one spot reserved covered parking and 2nd has private single car garages. Two Vacant Units, 102 and 104. They are vacant because they are listed for sale and not listed for lease.
First Floor
Unit 102 - 1,133sf Unit 104 - 1,135sf Common - 620sf Decks - 79.5sf per unit
Second Floor - 5,394sf
Unit 201 - 1,133sf Unit 202 - 1,133sf Unit 203 - 1,135sf Unit 204 - 1,135sf Common - 612sf Decks - 77sf per unit
Third Floor
Unit 302 - 1,133sf Unit 302 - 1,135sf Unit 304 - 1,135sf Common - 612sf Decks - 77 sf per unit
421k per unit
9 of 12 Units available. All include parking, first level has one spot reserved covered parking and 2nd has private single car garages. Two Vacant Units, 102 and 104. They are vacant because they are listed for sale and not listed for lease.
First Floor
Unit 102 - 1,133sf Unit 104 - 1,135sf Common - 620sf Decks - 79.5sf per unit
Second Floor - 5,394sf
Unit 201 - 1,133sf Unit 202 - 1,133sf Unit 203 - 1,135sf Unit 204 - 1,135sf Common - 612sf Decks - 77sf per unit
Third Floor
Unit 302 - 1,133sf Unit 302 - 1,135sf Unit 304 - 1,135sf Common - 612sf Decks - 77 sf per unit
Property Facts
| Price | $3,950,000 | Building Class | B |
| Price Per Unit | $564,286 | Lot Size | 1.19 AC |
| Sale Type | Investment | Building Size | 16,311 SF |
| Cap Rate | 4.11% | Average Occupancy | 0% |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 0.74/1,000 SF |
| Price | $3,950,000 |
| Price Per Unit | $564,286 |
| Sale Type | Investment |
| Cap Rate | 4.11% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 1.19 AC |
| Building Size | 16,311 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2024 |
| Parking Ratio | 0.74/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 7 | $2,700 | 1,333 - 1,335 |
Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1575043-13-002 | Improvements Assessment | $55,325 |
| Land Assessment | $0 | Total Assessment | $55,325 |
Property Taxes
Parcel Number
1575043-13-002
Land Assessment
$0
Improvements Assessment
$55,325
Total Assessment
$55,325
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1308 Snowberry Lane | 1308 Snowberry Ln
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