328 & 330 Park Avenue Unit

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Active Fraser, CO 80442 MLS# 2929761 Listed by The Simple Life Team on 12/14/2021
$2,500,000
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Commercial Property Type
0.32 Acres
5904.00 Sq Ft
1977 Year Built
Zoning

Overview

Two neighboring 4-plexes in the heart of downtown Fraser! Within the Riverwalk overlay. Minutes away from Winter Park Resort. Conveniently located steps away from shopping, dining, nightlife, the Headwaters Trail System and complimentary transportation. Extremely reasonable rents have made housing affordable for local, long term tenants. Potential for revenue increase. Month to month tenants. Fantastic investment opportunity in a rapidly growing resort community!

New Home Sales Hours

Courtesy Of eXp Realty, LLC
Source: REcolorado

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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 Taxes,Trash Collection,Water
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective 1981
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 5,904
    • Living Area, Finished
    • Above grade, Finished
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $423.44
    • PSF Finished $
    • PSF Above Grade $
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions Any and all furnishings and personal property belonging to the tenants.
    • Flooring
    • Furnished
    • Interior Features
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features

    Room Details

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

    Unit Information

    Summary

    • Number of Units 8
    • Number of Units Furnished
    • Number of Units Vacant 0
    • Unit Features
    Single Unit Details
    • Unit Type 2 Bedroom
    • Total Units 8
    • Average Rent
    • Average SqFt 636.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description 2 bedroom, 1 bathroom
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels Two
    • Stories 2
    • Structure Type Low Rise (1-3)
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Stucco
    • Foundation Details
    • Roof Metal
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Near Ski Area
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.32
    • Lot Size Dimensions
    • Lot Size SqFt 13,939.20
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $7,812,500
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access Public Road
    • Road Responsibility Public Maintained Road
    • Road Surface Paved

    Parking/Garage

    Parking Space Summary

    Parking Features

    • Total Parking Spaces 0
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 0
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling
    • Green Energy Efficient
    • Heating
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities Cable Available,Electricity Available
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available 1
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 4.00
    • 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 Accounting,Maintenance,Real Estate Tax
    • 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 2.50%
    • Transaction Broker Compensation 2.50%
    • Compensation Offered
    • Dual Variable Compensation Yes
    • Commission Modified
    • Closing Comments
    Income details
    • Actual Annual Net Income $
    • Gross Income $124,800
    • 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 $1,058
    • Legal Description SUBD: FRASER 1ST - EASTOM 1ST LOT: 24 - 27 BLOCK: 10 THE NORTH 70FT OF LOT 24-27
    • Tax Exemptions
    • Tax ID R029460
    • Tax Year 2020
    Other
    • Tenant Pays Cable TV,Electricity,Internet,Telephone
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name The Willows
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent From I-70 take Exit 232 onto Highway 40. Travel through Empire and over Berthoud Pass, continue on Highway 40 through the Town of Winter Park and into the Town of Fraser. Turn right onto Park Avenue. Property is located on the right side of the street.
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use Residential
    • Incorporated? No
    • Zoning
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $2,500,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership
    • Possession
    • Special Listing Conditions
    • Year Built 1977

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    School Zone

    District:
    Schools: Elementary School, High School, 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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