863 E Main Street Unit

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Pending Rangely, CO 81621 MLS# 20216167 Listed by KYLE SERRANO on 11/08/2021
$1,350,000
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Multi-Family Property Type
48 Bedroom
24 Bathroom
0 Garage
19960 Sq Ft
1.12 Acres
1979 Year Built

Overview

24 unit apartment complex made up of 2 separate apartment buildings located in Rangely, CO. A total of 48 bedrooms & 24 bathrooms, all units are 2 bed/1 bath and units have been remodeled & updated on varying schedules upon vacancy. Large tenant base is held from the college which is located nearby (Colorado Northwestern Community College). Good upside on rents which could increase NOI

New Home Sales Hours

Courtesy Of BRAY/COMMERCIAL
Source: Grand Junction Realtor Association

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective 2006
    Basement Details
    • Basement? Yes
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features Other-See Remarks
    • No. of Fireplaces
    Square Foot Details
    • SqFt 19,960
    • Living Area, Finished
    • Above grade, Finished 0
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $
    • PSF Finished $
    • PSF Above Grade $
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features Other - See Remarks
    • Appliances Dishwasher-All,Electric Range/Oven-All,Garbage Disposal-All,Microwave Built-In-All,Refrigerator-All
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions
    • Flooring Carpet,Laminate
    • Furnished
    • Interior Features Ceiling Fan(s),Other-See Remarks
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms: 24
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 48
    More Room Details

    Unit Information

    Summary

    • Number of Units 24
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels Three or More
    • Stories
    • Structure Type
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Wood Frame
    • Foundation Details
    • Roof Asphalt Composition
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features Other-See Remarks
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features None
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Landscaped Front,Other-See Remarks,Flood Plain00' - Flood Plain50' Frontage,Other-See Remarks
    • Irrigated Acres 0
    • Lot Number
    • Lot Size Acres 1.12
    • Lot Size Dimensions 250 x 180
    • Lot Size SqFt
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access City/Town,Paved
    • Road Responsibility
    • Road Surface

    Parking/Garage

    Parking Space Summary

    Parking Features

    • Total Parking Spaces
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces
    • Total Reserved Spaces
    • Total RV Spaces
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling Window Unit(s)
    • Green Energy Efficient None
    • Heating Natural Gas
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Sewer Installed
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service No
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source Other-See Remarks
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities Other-See Remarks
    • Association(s) No
    • HOA Fee Includes None
    • Total Annual HOA Fees $
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants?

    Financial Considerations

    Summary

    • Cap Rate
    • Cap Rate Calculation
    Actual expense details
    • Annual Expenses Benefits
    • Annual Water Expense $
    • Association Fee Annual Expense $
    • Cable TV Expense $
    • CAM Fees $
    • Electric Expense $
    • Gas Expense $
    • Insurance Expense $
    • Internet Annual Expense $
    • Maintenance Expense $
    • Operating Expense $
    • Operating Expense Includes
    • Other Expense
    • Payroll Annual Expense $
    • Personal Property Annual Expense $
    • Phone Annual Expense $
    • Professional Management Expense $
    • Real Estate Taxes $
    • Workmans Compensation Expense
    Commission Information
    • Buyer Agency Compensation
    • Transaction Broker Compensation
    • Compensation Offered
    • Dual Variable Compensation
    • Commission Modified
    • Closing Comments
    Income details
    • Actual Annual Net Income $
    • Gross Income $
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $
    • Projected Annual Expense $
    • Projected Annual Net Income $
    • Projected Gross Income $
    • Projected Gross Operating Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $3,012.24
    • Legal Description
    • Tax Exemptions
    • Tax ID Multiple
    • Tax Year 2020
    Other
    • Tenant Pays
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community
    • Subdivision N/A
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent Heading east on St Hwy 64, turn right onto Darius Avenue. Properties are the fist two complexes on your right
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use Multi Family
    • Incorporated?
    • Zoning COM Res Multi 9+
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership
    • Possession
    • Special Listing Conditions
    • Year Built 1979

    Mortgage Calculator

    School Zone

    District:
    Schools: Rangely Elementary School, Rangley High School, Rangley Middle School

    Area Map

    Walk Score

    Bike Score

    Bike Score

    0 description
    Transit Score

    Transit Score

    0 description summary
    Walk Score

    Walk Score

    0 description

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