This Multifamily Property is no longer advertised on LoopNet.com.

521 Walsen Ave
Walsenburg, CO 81089
The Villagio · Multifamily Property For Sale · 22 Units

Property Facts

No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.52 AC
Building Size 9,000 SF
Average Occupancy 91%
No. Stories 1
Year Built/Renovated 1918/2008
Parking Ratio 2.44/1,000 SF

About 521 WALSEN AVE , WALSENBURG, CO 81089

The Villagio is a 22-unit apartment building currently master-leased to Colorado Caring, a non-profit primarily serving low-income senior citizens. The lease has expired, and is continuing on a month-to-month basis. A new owner would have the option of re-signing the lease (Colorado Caring would like to stay) for a virtually 'hands-off' investment as the non-profit is handling management, maintenance, bookkeeping, etc. Or, with more aggressive management, rents could be increased for even more cash flow.

Property Taxes

Property Taxes

Parcel Number
134922
Land Assessment
$1,688
Improvements Assessment
$40,291
Total Assessment
$41,979
  • Listing ID: 14543797

  • Date on Market: 12/4/2018

  • Last Updated:

  • Address: 521 Walsen Ave, Walsenburg, CO 81089

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