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



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