404 State St
- • Back units newly built-out (2024)
- • Highly desirable location overlooking Glenn Miller Park
- • Spacious units with in-unit laundry
- • Located in northern Colorado, one of the fastest-growing regions in the country
Property Description
This four-unit multifamily property located at Fort Morgan offers a compelling opportunity for investors seeking stable asset, with positive cash flow, in a growing regional market. The asset benefits from spacious units and consistent rental demand driven by the area’s agricultural, industrial, and service-based employment base. Its manageable size allows for efficient operations while still providing scale beyond single-family rentals. With strong housing demand in the area, the property presents both immediate income and long-term value appreciation.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $725,000 |
| No. of Units: | 4 |
| Year Built: | 1906 |
| Lot Size: | 0.21 Acres |
| Opportunity Zone: | No |
| Price per unit: | $181,250 |
| Property Website | Click Here |
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