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Multifamily

Remington Village Apartments

1125 W 6th St, Craig, CO 81625

Listing Price: $4,160,000

Cap Rate
6.80%
Number of Units
64
GRM
4.42
Occupancy
78.0%
Price/Unit
$65,000

Investment Overview

Marcus & Millichap is pleased to present Remington Village Apartments, a 64-unit multifamily community located in Craig, CO, primmed for renovation. This property offers a unique investment opportunity in a stable market with strong demand for obtainable housing. The complex features a mix of two- and three-bedroom units with significant vacancy, allowing an investor to immediately renovate units. With limited new competition in the area, the property presents opportunities for rent growth and operational efficiencies. Located in a region with a diverse economy driven by energy, agriculture, and other industries, Remington Village Apartments offers a compelling opportunity for investors seeking to get their hands dirty and create value.

Investment Highlights

  • Strong Demand in an Underserved Market
  • Strategic Location with Regional Appeal
  • Value-Add Potential & Attractive Investment Returns

Exclusively Listed By

Financing By

Multifamily

Remington Village Apartments

Listing Price: $4,160,000

Cap Rate
6.80%
Number of Units
64
GRM
4.42
Occupancy
78.0%
Price/Unit
$65,000

Investment Highlights

  • Strong Demand in an Underserved Market
  • Strategic Location with Regional Appeal
  • Value-Add Potential & Attractive Investment Returns

Investment Overview

Marcus & Millichap is pleased to present Remington Village Apartments, a 64-unit multifamily community located in Craig, CO, primmed for renovation. This property offers a unique investment opportunity in a stable market with strong demand for obtainable housing. The complex features a mix of two- and three-bedroom units with significant vacancy, allowing an investor to immediately renovate units. With limited new competition in the area, the property presents opportunities for rent growth and operational efficiencies. Located in a region with a diverse economy driven by energy, agriculture, and other industries, Remington Village Apartments offers a compelling opportunity for investors seeking to get their hands dirty and create value.

Exclusively Listed By

Financing By

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