9148 Black Mountain Drive Conifer CO 80433 227332494 39.549637 -105.37316 60105 /listing/227332494-151082055/9148-black-mountain-drive-conifer-co-80433 False 0 3275000.0 10000 105 100 19 11 8177432 False 2006 1.99 1.99

9148 Black Mountain Drive

Conifer, CO 80433 MLS# 8177432

Active 04/26/19
227332494 False False 39.549637 -105.37316 60105 /listing/227332494-151082055/9148-black-mountain-drive-conifer-co-80433 False 0 3275000.0 10000 105 19 11 8177432 False 49739960 0
$3,275,000
$175,000
MLS# 8177432
Active 04/26/19
  • 19 Bedrooms Beds
  • 11 Bath Baths
  • 10,000 Square Feet Sq.Ft
  • 1.99 Acres
  • 2006 Year Built Yr. Built

9148 Black Mountain Drive

Conifer, CO 80433 MLS# 8177432

Active 04/26/19
227332494 39.549637 -105.37316 60105 /listing/227332494-151082055/9148-black-mountain-drive-conifer-co-80433 False 0 3275000.0 10000 105 19 11 8177432 False
$3,275,000
$175,000
  • 19 Bedrooms
  • 11 Bath
  • 10,000 Square Feet
  • 1.99 Acres
  • 2006 Year Built

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Description

Apartment homes at Black Mountain Ranch Apartments were built to condo quality finishes and quality. Units include slate entryways, high-efficiency HVAC systems, gas fireplaces, wiring for surround sound, oak hardwood floors, washer/dryer hookups, walk-in closets, private balconies facing Black Mountain and the Arapaho National Forest, six-panel doors, pine trim, dimmer switches, ceiling fans, gas ranges, dishwashers and granite countertops. In addition, the top floor units have vaulted ceilings. The asset is located on 1.99 acres with P-D or Planned Development zoning. This zoning code would allow the construction of additional units on the site or using part of the property for a short-term rental (STR) use. This gives a lot of flexibility moving forward and can increase the current cash flow substantially.

Courtesy Of CBRE, Inc.

Listing Information

  • Property Type: Income
  • Property Subtype: Income
  • Style: Multi-Story
  • Building Style: Low Rise (1-3)
  • Architecture: Other
  • Locale: Conifer
  • Beds: 19
  • SqFt Finished: 10000
  • SqFt Above: 10000
  • PSF Above Grade: 327.50
  • PSF Finished: 327.50
  • PSF Total: 327.50
  • Lot Size Sq Ft: 86684.00
  • Total Acres: 1.99
  • PPA: 1645728.64
  • Construction: Frame
  • Construction Materials: Stone, Stucco
  • Year Built: 2006
  • Building Name: Black Mountain Ranch Apartments
  • Additional Information: Tenant Occupied

Interior Features

  • Flooring: Carpet, Natural Stone
  • Interior Features: Breakfast Nook, Cable Available, Double Pane Windows, Internet Access (Wired), Master Bath, Vaulted
  • Laundry Availability: W/D Hookups in Unit
  • Kitchen Appliances: Dishwasher, Microwave Oven, Refrigerator (Kitchen), Stove/Range/Oven
  • Fireplace: Gas/Gas Logs
  • Exclusions: Any tenant belongings.
  • Number Of Storage Units: 0
  • Number Of Units Furnished: 0
  • Number Of Units Vacant: 0

Unit Info

  • 2 Bedroom

  • Average Rent: 1995.00
  • Average SqFt: 1050.00
  • Bathrooms: 6
  • Dishwashers: 6
  • Fireplaces: 6
  • Hookups: 6
  • Number of Units: 6
  • Refrigerators: 6
  • Stoves: 6
  • Unit Type: 2 Bedroom
  • 3 Bedroom

  • Average Rent: 2550.00
  • Average SqFt: 1450.00
  • Bathrooms: 4
  • Dishwashers: 2
  • Fireplaces: 2
  • Hookups: 2
  • Number of Units: 2
  • Refrigerators: 2
  • Stoves: 2
  • Unit Type: 3 Bedroom
  • Studio

  • Average Rent: 1300.00
  • Average SqFt: 800.00
  • Bathrooms: 1
  • Fireplaces: 1
  • Number of Units: 1
  • Unit Type: Studio

Room Details

  • Basement Size: None

Parking/Garage

  • Carport (Attached)

  • Parking Spaces Number Of: 16
  • Parking Type: Carport (Attached)
  • Off-Street

  • Parking Spaces Number Of: 4
  • Parking Type: Off-Street
  • Parking Total Searchable: 20
  • Total Carport Spaces: 16
  • Total Offstreet Spaces: 4
  • Total Reserved Spaces: 0
  • Total RV Spaces: 0
  • Unit Features: Garage

Community/Neighborhood Information

  • Walk Score: 3

HOA

  • HOA YN: N

Financial Considerations

  • Tenant Pays: Electricity, Gas, Trash, Water
  • Utilities Metering: Separate Electric, Separate Gas
  • Utilities Paid By Tenant: Direct Billing from Utility
  • Annual Expense Proj: 40907
  • Annual Expenses: 16381
  • Annual Income: 8533
  • Annual Income Proj: 221963
  • Annual Net Income Proj: 181056
  • Cap Rate: 5.22
  • Gross Income: 158117
  • Gross Operating Income: 221963
  • Insurance Expense: 2700
  • Maintenance Exp: 2700
  • Net Operating Income: 141736
  • Potential Rental Income Annual: 213430
  • Real Estate Taxes: 14059
  • Tax Amount: 1491.00
  • Tax ID: 211194
  • Tax Year: 2017
  • Vacancy Credit Losses: 11353

Utilities & Green Home Features

  • Cooling: None
  • Heating: Forced Air
  • Heating Fuel: Electric, Gas
  • Utilities: Cable TV, Internet Access (Wired)
  • Water/Mineral Rights: Water Rights

Exterior & Lot Features

  • Roof: Composition Shingles
  • Exterior Features: Balcony, Yard
  • Road Surface: Paved Road
  • Site Description: Mountain Property
  • Site Features: Adjacent to Open Space, Borders National Forest
  • View: Mountain View
  • Zoning: P-D

Schools Near 9148 Black Mountain Drive Conifer, CO

District: Jefferson County R-1
Schools: Marshdale, West Jefferson, Conifer

Listing Price History

  1. Listed on 04/26/19
  2. Selling for $3,275,000
  3. For Sale for 54 days
  1. Date
  2. Event
  3. Price
  4. Change
  • 3/7/2019
  • Price change
  • $3,275,000
  • $175,000-5.1%

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