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$ 1,050,000
Est. payment /mo
New
1629 Azalea DR Fort Collins, CO 80526
12 Beds
5 Baths
3,952 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,952 sqft
Price per Sqft $265
Subdivision Elliott Miller Foothills West
MLS Listing ID 6362149
Bedrooms 12
HOA Y/N No
Year Built 1969
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Quadruplex
Property Description
Marcus & Millichap is pleased to present 1629 Azalea Drive, a fully renovated multifamily asset located in one of Fort Collins' most desirable residential corridors. Situated just minutes from the renowned Horsetooth Reservoir, the property benefits from immediate access to some of Northern Colorado's most sought-after outdoor recreation amenities, including boating, hiking, mountain biking, and open space trails. The asset features an attractive unit mix comprised entirely of spacious three -bedroom units, a highly desirable layout that appeals to families, roommates, and long-term residents seeking larger living accommodations.
Current ownership has completed extensive renovations throughout the property, creating a turnkey investment opportunity with limited near -term capital requirements. In addition to its renovated condition, investors are presented with a compelling value -add opportunity through the continued growth of rental rates toward market levels. Combining a premium Fort Collins location, large three -bedroom floorplans, modernized interiors, and operational upside, 1629 Azalea Drive offers investors the opportunity to acquire a high-quality asset positioned for both stable cash flow and future income growth
Current ownership has completed extensive renovations throughout the property, creating a turnkey investment opportunity with limited near -term capital requirements. In addition to its renovated condition, investors are presented with a compelling value -add opportunity through the continued growth of rental rates toward market levels. Combining a premium Fort Collins location, large three -bedroom floorplans, modernized interiors, and operational upside, 1629 Azalea Drive offers investors the opportunity to acquire a high-quality asset positioned for both stable cash flow and future income growth
Location
State CO
County Larimer
Zoning MMN
Interior
Heating Baseboard
Cooling Other
Laundry Common Area
Exterior
Roof Type Composition
Private Pool No
Building
Lot Description Level
Story Bi-Level
Sewer Public Sewer
Schools
School District Elementary: Poudre R-1, Middle/Junior: Poudre R-1, High: Poudre R-1
Others
Senior Community No
Tax ID R0175820
Special Listing Condition None Known
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byMarcus & Millichap Real Estate Investment Services of Atlanta, Inc.
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