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333 Custer AVE Akron, CO 80720
0.74 Acres Lot
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Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2106370
HOA Y/N No
Year Built 1984
Lot Size 0.740 Acres
Acres 0.74
Property Sub-Type Multi Family
Property Description
Fairview Apartments offers an immediate, dependable cash flow opportunity for a local owner-operator or regional investor looking to build generational wealth with an asset that is as easy to run as it is rewarding to own. Situated in a warm, friendly town known for its welcoming atmosphere, safety, and strong sense of community, the property attracts long-term, conscientious tenants who take pride in where they live. Neighborhood amenities, local parks, and everyday conveniences are just minutes away, making it a place residents are proud to call home. All major capital projects and deferred maintenance are 100% complete-- featuring brand-new exterior siding, fresh paint, clean landscaping, and updated water heaters and appliances throughout. Operations are simple and cost-efficient. Tenants pay their own electric, and every unit has been upgraded with two through-the-wall A/C units, giving residents full air conditioning-- a rare competitive advantage in the local rental market. A dedicated on-site laundry room equipped with two commercial SpeedQueen washers and two dryers (all under two years old) generates an additional $3,600 in reliable annual cash flow. With five units completely renovated and three partially updated, the complex delivers steady, day-one income supported by a respectful, established tenant base. Eight classic yet clean units remain for you to update at your own pace to capture higher rents. This is an opportunity to get into a higher volume muli-unit property at a price that is unheard of the Front Range, but close enough to manage from here.
Location
State CO
County Washington
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Waterfront Description Public
Roof Type Composition
Private Pool No
Building
Lot Description Corner Lot, Landscaped
Sewer Public Sewer
Water Public
Others
Tax ID 92009501004
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 byWest and Main Homes Inc
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