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1637 Kimbark St 8 Unit Apartment Building $1,100,000 ($137,500/Unit) 7.48% Cap Rate Longmont, CO 80501
Investment Highlights
- Turn-Key Property
- New Roof / Soffits / Gutters
- Remodeled Common Areas
- 5 Minutes to Downtown Longmont
- New Chiller
- New Exterior Paint
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,100,000 | Apartment Style | Low-Rise |
| Price Per Unit | $137,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 7.48% | Building Size | 4,620 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 2.38/1,000 SF |
| Zoning | MU-C | ||
| Price | $1,100,000 |
| Price Per Unit | $137,500 |
| Sale Type | Investment |
| Cap Rate | 7.48% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 4,620 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 2.38/1,000 SF |
| Zoning | MU-C |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 450 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1205341-09-010 | Total Assessment | $73,744 |
| Land Assessment | $10,381 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $63,363 | Tax Year | 2025 |
Property Taxes
Parcel Number
1205341-09-010
Land Assessment
$10,381
Improvements Assessment
$63,363
Total Assessment
$73,744
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1637 Kimbark St
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