114 W 6th Street
Leadville, CO 80461

Description

Over 9% Cap Rate! This 11 unit apartment complex offers excellent cash flow. Strong leases in place. Property includes outside courtyard area and a large parking lot. Conveniently located one block off Harrison in downtown Leadville. Walking distance to restaurants, the ice skating rink, skate park, dog park, and schools. Just 30 minutes from Copper Mountain, 45 minutes to Vail. Three units remodeled in 2018. (00, 4, & 5) New roof installed in 2008. New decking and railings added in 2018. Many new vinyl windows already installed and two more being installed this month! Unit 10 being remodeled in March! Rent roll attached to the listing. P & L provided with proof of funds and prequalification letter.

Details

MLS#8157042
StyleIndustrial
Sub-TypeResale
StatusActive
Year1888
Days On Site12

Features

SQ Feet5,160
Story(s)1
Units11
ZoningTRANSITIONAL COMMERCIAL

Market Activity 80461

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Area Information

StateCO
CountyLake
CityLeadville
Zip Code80461
AreaLake
Listing VS Median (in 80461)
Price:
$495,000
low | high
Med:
$209,500
100% of Average
SqFt:
5,160
low | high
Med:
532
100% of Average
$ / SqFt:
$96
low | high
Med:
$103
42.230576441102% of Average
On Site:
12
low | high
Med:
236.5
5.07399577167% of Average
Listing Updated: 02/22/2019
MLS Number: 8157042
Listing Provided By:
Andrew Purdy  of  Independence Realty Property Management
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