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Cheyenne Ave Multiple Income Property 2 Properties Offered at $875,000 in Simla, CO

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INVESTMENT HIGHLIGHTS

  • Multiple Rental Properties
  • Vacant City Lot Approved for Adding Additional Rentals
  • Storage Units for Rent

EXECUTIVE SUMMARY

Huge opportunity to buy half a city block. This property is already rented to full capacity with multiple dwellings plus additional storage unit income. Also included is a vacant city lot that can be used for 1 home, 3 mobile homes or additional storage units. All the properties have current leases in place. Each dwelling has its own water and sewer tap plus propane tank. Renters pay all their own utilities. Each rental also has its own laundry. This is a long term investment that you don't want to pass up. Already making money and room to expand in many different directions. All the properties have been updated in the last 5 years. Interior photos and financials are available if requested by a qualified buyer.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $875,000
Price / SF $164.85 / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 5,308 SF
Total Land Area 1.01 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
520 Cheyenne Ave, Simla, CO 80835 Land 0.23 AC - -
Multiple Rental Homes and Storage Units
502-514 Cheyenne Ave, Simla, CO 80835
Multifamily 5,308 SF 2020 -
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  • Listing ID: 37843876

  • Date on Market: 9/26/2025

  • Last Updated:

  • Address: Cheyenne Ave Multiple Income Property, Simla, CO

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