$850,000
Estes Park, CO 80517
- 0.44 Acres
- Larimer County
- 8 Beds
- 7 Baths
Key Features
- Property Type: Residential Income
- Status: Active
- MLS® ID: 1034036
- Year Built: 2005
- Lot/Acreage: 0.44
- County: Larimer
- Neighborhood: White Meadow View Place Add
Interior Details
- Bedrooms: 8
- Bathrooms: 7
- Appliances: Electric Range/Oven, Refrigerator, Microwave, Disposal
- Heating: Baseboard
- Flooring: Wood Floors
- Basement: None
- Water: City Water, Town of Estes Park
Exterior Details
- Zoning: RM
- Roof: Composition
- Sewer: City Sewer
Description
Exceptional Investment Opportunity - Fully Leased 6-Unit Income Property. This turnkey complex offers strong, steady income and a solid return, an excellent addition to any investor's portfolio. Fully Rented with consistent rental history. Projected Gross Income of $70K annually and estimated expenses of $25K annually. Cap Rate comes in around 5.37%. There is one 3 Bed / 2 Bath unit (~1,250 sq ft). Units 2-4 are efficient 1 Bed / 1 Bath apartments (~250 sq ft each) and unit 6 is a standalone 1 Bed / 1 Bath cabin (~350 sq ft). Tenants pay for electric and water, keeping operating costs low. A coin-operated laundry provides additional income, and there's ample off-street parking for tenant convenience. Located within walking distance to downtown, close to schools and the recreation center; this property stays in high demand. Whether you're expanding your real estate portfolio or entering the multi-family market, this property checks all the boxes for reliable cash flow and long-term potential. Schedule your private showing today!
Location
- Address: 418 Stanley Ave Estes Park CO 80517
- City: Estes Park
- State: CO
- Zip: 80517
From the intersection of Hwy 34 and hwy 36 go south on Hwy 36 .3 of a mile to Stanley Ave. take a right and go .3 of a mile and property will be on the right
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Listing # Courtesy of Javier Gomez of RE/MAX Mountain Brokers. Last Updated: May 29, 2025.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
