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350 E 8th Avenue, Durango, CO 81301

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For Sale

$4,350,000

9,350 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $465.24
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Craig Weese, eXp Realty, LLC, C: 406-381-8947, cweese20@gmail.com, www.crenmls.com: Welcome to an exceptional investment opportunity in the heart of Durango, CO, a rare find in a town with limited apartment complexes. This 29-unit apartment complex offers significant upside potential, including the opportunity to increase rents. The majority of the units have been recently remodeled, featuring stylish, modern updates that tenants desire.Each remodeled unit boasts contemporary kitchens with new cabinetry, countertops, and appliances. Freshly updated bathrooms, new flooring, and modern paint palettes provide a sleek, inviting atmosphere. The property is designed to appeal to today s renters while offering long-term investment growth.With its prime location on the grid in Durango, the complex is located walking distance to grocery stores, shopping, laundry mat, horse gulch for mountain biking and hiking, and Fort Lewis collage. This apartment complex offers not only immediate income potential but also the possibility of future value appreciation. Don t miss this rare chance to own in a thriving market with room to grow.
MLS# 818459

Courtesy Of eXp Realty, LLC

(303) 882-1191

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    0.51 Acres

Map and Directions

Directions to 350 E 8th Avenue, Durango, CO 81301

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(970) 259-2100
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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