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301 4th St 4 Unit Apartment Building $450,000 ($112,500/Unit) 10% Cap Rate Clifton, CO 81520
EXECUTIVE SUMMARY
10% Gross Cap Rate. Great investment opportunity if you are looking for a multifamily property! All four units are leased with year leases grossing $3,750 per month in rent. Owner pays utilities, which are estimated at $625/month. The two downstairs units, have recently had mini-splits installed for comfort year round! Start acquiring wealth with this property today!
PROPERTY FACTS
| Price | $450,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $112,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 10% | Building Size | 2,780 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1967 |
| Price | $450,000 |
| Price Per Unit | $112,500 |
| Sale Type | Investment |
| Cap Rate | 10% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,780 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 500 - 700 |
| 2+2 | 1 | - | 1,100 |
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PROPERTY TAXES
| Parcel Number | 2943-111-79-002 | Improvements Assessment | $18,540 |
| Land Assessment | $3,440 | Total Assessment | $21,980 |
PROPERTY TAXES
Parcel Number
2943-111-79-002
Land Assessment
$3,440
Improvements Assessment
$18,540
Total Assessment
$21,980
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301 4th St
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