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Investment Highlights
- Fully leased fourplex with strong occupancy and established rental income.
- Easy connectivity to Highway 287 for travel to Boulder and Denver.
- Convenient access to downtown Lafayette amenities, retail, and dining.
- Situated in a growing submarket with demonstrated rental demand.
Executive Summary
Well-maintained fourplex featuring four one bedroom units with strong rental history and stable occupancy. Excellent investment opportunity in a growing rental market.
Property Facts
| Price | $900,000 | Property Subtype | Apartment |
| Price Per Unit | $225,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 5% | Building Size | 1,984 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1977 |
| Price | $900,000 |
| Price Per Unit | $225,000 |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 1,984 SF |
| No. Stories | 2 |
| Year Built | 1977 |
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Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1575031-05-023 | Improvements Assessment | $40,997 |
| Land Assessment | $15,524 | Total Assessment | $56,521 |
Property Taxes
Parcel Number
1575031-05-023
Land Assessment
$15,524
Improvements Assessment
$40,997
Total Assessment
$56,521
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