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Alamo Apartments 322 S Main St 23 Unit Apartment Building $3,050,000 ($132,609/Unit) 10.02% Cap Rate Lamar, CO 81052
Investment Highlights
- Centered in a high visibility area with strong curb appeal
Property Facts
| Price | $3,050,000 | Building Class | C |
| Price Per Unit | $132,609 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 19,526 SF |
| Cap Rate | 10.02% | Average Occupancy | 100% |
| No. Units | 23 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1937/2018 |
| Property Subtype | Apartment | Parking Ratio | 1.02/1,000 SF |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | C - Commercial | ||
| Price | $3,050,000 |
| Price Per Unit | $132,609 |
| Sale Type | Investment |
| Cap Rate | 10.02% |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 19,526 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1937/2018 |
| Parking Ratio | 1.02/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
Site Amenities
- 24 Hour Access
- Clubhouse
- Laundry Facilities
- On-Site Retail
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 23 | - | 700 - 800 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2370-36-100 | Improvements Assessment | $743,600 |
| Land Assessment | $7,875 | Total Assessment | $751,475 |
Property Taxes
Parcel Number
2370-36-100
Land Assessment
$7,875
Improvements Assessment
$743,600
Total Assessment
$751,475
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Park Properties, Llc
Alamo Apartments | 322 S Main St
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