Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

956 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

4332 W County Road 54G

14 Unit Apartment Building $3,832,640 CAD ($273,760 CAD/Unit) 4.80% Cap Rate Laporte, CO 80535

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Executive Summary

PRICE REDUCED!! RE/MAX Commercial Alliance is pleased to present this rare and unique income property ownership opportunity. Located in the quaint town of Laporte, Colorado and gateway to the Rocky Mountains. Nestled on approximately 3 acres at the base of the Rocky Mountain foothills featuring a spacious house with 7 bedrooms, open living room on upper level, balcony overlooking western mountains with gorgeous views great for relaxing, entertaining or watching the sunset. Rental units consisting of 1 One bedroom, 7 Studio units with kitchenettes, 6 studio units with microwave and mini fridge. All motel rooms have
adjoining doors to easily create 1 or more bedroom apartments vs studio suites. Home of the prestigious long running Elkhorn Motel, while they could be considered overnight stays many tenants have made this their home for several years. The unique property offers a myriad of opportunities within the open zoning district. Do not hesitate to reach out for a private showing soon!
Cap rate is pro forma.

4332 W CR 54G

Property Facts

Price	$3,832,640 CAD	Apartment Style	Low Rise
Price Per Unit	$273,760 CAD	Building Class	C
Sale Type	Investment	Lot Size	2.97 AC
Cap Rate	4.80%	Building Size	6,870 SF
No. Units	14	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1968/2007
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park	Parking Ratio	4.37/1,000 SF

Price	$3,832,640 CAD
Price Per Unit	$273,760 CAD
Sale Type	Investment
Cap Rate	4.80%
No. Units	14
Property Type	Multifamily
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park
Apartment Style	Low Rise
Building Class	C
Lot Size	2.97 AC
Building Size	6,870 SF
No. Stories	2
Year Built/Renovated	1968/2007
Parking Ratio	4.37/1,000 SF