Multifamily
Longmont Nine
2229 Collyer St, Longmont, CO 80501
Listing Price: $6,585,000
Investment Overview
The Longmont Nine Pack presents a unique opportunity to acquire a collection of nine well-located multifamily assets in Longmont, Colorado. Comprising of a diverse unit mix across two-, three-, and four-bedroom floorplans, the portfolio offers strong in-place income and operational upside through strategic renovations and management enhancements.
Longmont Nine
Investment Highlights
- Strong In-Place Income: Current gross annual rents exceed $566,700, with an average rent per unit ranging from $1,500 to $2,635 depending on unit size.
- Value-Add Potential: Most units have been renovated, providing a major loss-to-lease opportunity to increase cash flow without major capital expenditure.
- Strategic Location Coverage: The portfolio delivers instant scale across seven well-located properties situated on quiet residential streets in Longmont.
Listing Price: $6,585,000
Investment Highlights
- Strong In-Place Income: Current gross annual rents exceed $566,700, with an average rent per unit ranging from $1,500 to $2,635 depending on unit size.
- Value-Add Potential: Most units have been renovated, providing a major loss-to-lease opportunity to increase cash flow without major capital expenditure.
- Strategic Location Coverage: The portfolio delivers instant scale across seven well-located properties situated on quiet residential streets in Longmont.
Investment Overview
The Longmont Nine Pack presents a unique opportunity to acquire a collection of nine well-located multifamily assets in Longmont, Colorado. Comprising of a diverse unit mix across two-, three-, and four-bedroom floorplans, the portfolio offers strong in-place income and operational upside through strategic renovations and management enhancements.
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