230 W First St - Apartments FOR SALE


Trinidad, CO 81082
$640,000 USD
303-283-4568
230 W First St, Trinidad, CO for Sale
$640,000 USD
Apartments - FOR SALE
1/46
null | 8.9% Cap Rate

230 W First St
Trinidad, CO 81082


HIGHLIGHTS

  • $125,000 of Capital Improvements done since current ownership
  • Seller Carry Terms: 60% LTV, 5 year term; 4% Interest Only year 1, 5% through remaining duration of the loan.

OVERVIEW

T1 Cap Rate : 8.9% & Pro Forma Cap Rate: 9.57% SELLER FINANCING AVAILABLE | 100% Occupied Explore this exceptional 3-STORY MIXED-USE VALUE-ADD INVESTMENT OPPORTUNITY Ideal for entrepreneurial buyers interested in Airbnb, Vrbo, Bed and Breakfast, or short-term living ventures. Access our comprehensive brochure for detailed information.

FOR SALE DETAILS

PRICE

$640,000 USD

PRICE/SF

$120 USD /SF

# OF UNITS

8

PRICE/UNIT

$80,000

CAP RATE

8.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1880

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

HP-MU-Corazon De Trinidad

APN/PARCEL ID

13663500

ASK ABOUT THIS PROPERTY

Oliver StutzColliersMore Info
303-283-4568

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Oliver StutzColliersMore Info
303-283-4568

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.