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425-427 E Lakeside Dr
Bayfield, CO 81122
Multifamily Property For Sale
·
8 Units

PROPERTY FACTS
| No. Units | 8 | Building Size | 7,751 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1995 |
| Building Class | C | Parking Ratio | 2.58/1,000 SF |
| Lot Size | 0.89 AC | ||
| Zoning | Residential Multi-Family | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.89 AC |
| Building Size | 7,751 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1995 |
| Parking Ratio | 2.58/1,000 SF |
| Zoning | Residential Multi-Family |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Range
- Views
- Carpet
- Dining Room
- Vinyl Flooring
ABOUT 425-427 E LAKESIDE DR , BAYFIELD, CO 81122
Great income producing property perfectly located in Bayfield between the High School and Middle School. Consists of two four-plexes located on two over sized lots with potential to add additional units. This well maintained asset with long-term owners boasts a newly re-paved parking lot and immaculate manicured landscaping. With mostly long-term tenants this asset has value to add in both increasing rents and building more units to add to the already strong monthly rental income. Being in such close proximity to both schools and a short walk to the downtown area, the location is very desirable for renters. Please call listing agent for financials. Gross Scheduled Income $98,400. Gross Annual Expenses $21,732. Net Operating Income $73,716.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $1,050 | 900 |
LINKS
Listing ID: 16253910
Date on Market: 6/5/2019
Last Updated:
Address: 425-427 E Lakeside Dr, Bayfield, CO 81122
