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Smokey Trail Village 510 Smokey Trail Dr 38 Unit Apartment Building $5,200,000 ($136,842/Unit) 8.27% Cap Rate Limon, CO 80828

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EXECUTIVE SUMMARY

Smokey Trail Village presents a compelling multifamily investment opportunity in the growing and economically supported community of Limon, Colorado. With a stable income profile and strong occupancy fundamentals, the property offers immediate in-place cash flow and attractive long-term upside through market rent growth and operational efficiencies. The asset benefits from its strategic location in a full-service regional hub, supported by local industries including renewable energy, agriculture, and infrastructure development. Investors will appreciate the favorable rent-to-income ratio, affordability gap compared to homeownership, and eligibility for local and state economic incentives. Coupled with high-quality unit mix and onsite amenities, Smokey Trail Village stands out as a well-positioned asset in a supply-constrained market with increasing rental demand

Smokey Trail Village OM

PROPERTY FACTS

Price	$5,200,000	Building Class	B
Price Per Unit	$136,842	Lot Size	5.30 AC
Sale Type	Investment	Building Size	29,442 SF
Cap Rate	8.27%	Average Occupancy	97%
No. Units	38	No. Stories	2
Property Type	Multifamily	Year Built	1992
Property Subtype	Apartment	Parking Ratio	1.97/1,000 SF
Apartment Style	Garden	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$5,200,000
Price Per Unit	$136,842
Sale Type	Investment
Cap Rate	8.27%
No. Units	38
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	B
Lot Size	5.30 AC
Building Size	29,442 SF
Average Occupancy	97%
No. Stories	2
Year Built	1992
Parking Ratio	1.97/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.