3465 Douglas St | Craig, CO 81625
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- LoopNet Team
3465 Douglas St
Craig, CO 81625
Timber Glen Apartments · Multifamily Property For Sale
·
54 Units
INVESTMENT HIGHLIGHTS
- Proven Upside With Vintage and Renovated Units
- Almost $500,000 Spent In Capital Improvements Over The last 2 Years
- $200 Rent Increases Being Achieved On Renewals With Strong Retention Rates
- Unit Mix Consists of (53) 940 Sqft 2Bd/2Ba Units & (1) 500 Sqft Studio
- 100% Occupied With A Wait List. Units Being Pre-Leased Prior To Units Vacating.
- Well Managed By A Reputable & Knowledgeable Firm Called BRC
PROPERTY FACTS
| No. Units | 54 | Building Size | 50,320 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1980/2023 |
| Building Class | C | Parking Ratio | 1.69/1,000 SF |
| Lot Size | 3.69 AC |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 3.69 AC |
| Building Size | 50,320 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built/Renovated | 1980/2023 |
| Parking Ratio | 1.69/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Microwave
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $650.00 | 500 |
| 2+2 | 53 | $1,200 | 940 |
PROPERTY TAXES
| Parcel Number | R009143 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $150,438 |
PROPERTY TAXES
Parcel Number
R009143
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$150,438
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