Residential Income for Sale: 211 Laramie Avenue Units 1-11, Grover, CO 80729

1 beds
1 baths
8,493 sqft
mls #1003866
$650,000
$650,000
211 Laramie Avenue Units 1-11, Grover, CO 80729
1 beds
1 baths
8,493 sqft
mls #1003866
$650,000
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Price:
$650,000
$50,000 - 09/03/2024
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Type Residential Income
Style Ranch
Beds 1
Total Baths 1 baths
Square Feet 8,493 sqft
Lot Size 0.96 acres
Year Built 1982
City Grover
County Weld
School District Pawnee RE-12
Subdivision BEATTYS
MLS 1003866
Status Active
DOM 194 days
Investor's Dream! This property offers a fantastic opportunity with Gross Operating Income of $82,680, Net Operating Income of $55,895.98 and a Cap Rate of 8.6%, making it a solid addition to your portfolio. Operating expenses are kept manageable, including property taxes at $1,170.38, building insurance about $12,000, and utilities at $13,613.64, totaling $26,784.02 in gross operating expenses. The property also boasts a strong gross rent multiplier of 7.86, ensuring excellent value for your investment.Whether you're looking to expand your portfolio or secure a stable, income-generating asset, this listing offers everything you need for success.

Room Features

Basement Crawl Space

Virtual Tours for 211 Laramie Avenue Units 1-11 Grover, CO

Lot & Building Features

Appliances Electric Range/Oven, Refrigerator, Washer, Dryer
Style Ranch
Heating Baseboard
Sewer City Sewer
Tax Year 2022
Water City Water, City of Grover
Lot Zero Lot Line

Community and Schools

Elementary School Pawnee, Pawnee
Junior High School Pawnee Jr-Sr
Senior High School Pawnee Jr-Sr

Unit Features

Unit 1 - DS Bedrooms 1
Unit 1 - DS Number Of Units 11
Unit 1 - DS Total Baths 1

Price History of 211 Laramie Avenue Units 1-11, Grover, CO

Date Name Price Difference
09/03/2024 Price Adjustment $650,000 7.14%
02/26/2024 Listing Price $700,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 211 Laramie Avenue Units 1-11, Grover, CO

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By providing Grey Rock Realty with your contact information, you acknowledge and agree to our privacy policy and consent to receiving marketing communications, including calls, texts and emails. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time, to opt out from emails, you can click on the unsubscribe link in the email. Message and data rates may apply. 

Listed by RE/MAX Alliance-Greeley, Chad Nixon & Dolly Watson 970-330-5000
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211 Laramie Avenue Units 1-11 (MLS #1003866) is a ranch residential income listing located in Grover, CO. This residential income listing is 8,493 sqft and on a lot of 42,000 sqft (or 0.96 acres) with 1 bedrooms, 1 baths and is 42 years old. This property was listed on 02/26/2024 and has been priced for sale at $650,000.

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Listing information courtesy of: RE/MAX Alliance-Greeley

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