Skip to main content

Multifamily

126 2nd St

126 2nd St, Firestone, CO 80504

Listing Price: $650,000

Cap Rate
5.21%
Number of Units
4
GRM
9.34
Occupancy
95.0%
Price/Unit
$162,500
Price/Gross SF
$196.97
Gross SF
3,300

Investment Overview

Marcus & Millichap is pleased to present 126 2nd St, a 4-unit investment opportunity in Firestone, CO. With extremely low transaction volume, 126 2nd St is a rare private client investment opportunity in one of Colorado’s fastest growing towns. Boasting spacious 2-bedroom units and a few rental comparables in the surrounding area, 126 2nd St experiences low turnover and long-term tenancy, allowing for a more hands-off investment in the multifamily space.

Investment Highlights

  • Located in Firestone's fast-growing I-25 corridor with high-income households and limited rental supply, ensuring stable occupancy and long-term demand.
  • Year 1 cap rate of 6.66% provides investors with a compelling entry point and strong cash flow potential, supported by below-market rents and a stable, growing submarket.
  • Well-maintained 4-unit property with fee-simple ownership, dependable income stream, and proximity to major employment hubs and expanding retail amenities.

Exclusively Listed By

Multifamily

126 2nd St

Listing Price: $650,000

Cap Rate
5.21%
Number of Units
4
GRM
9.34
Occupancy
95.0%
Price/Unit
$162,500
Price/Gross SF
$196.97
Gross SF
3,300

Investment Highlights

  • Located in Firestone's fast-growing I-25 corridor with high-income households and limited rental supply, ensuring stable occupancy and long-term demand.
  • Year 1 cap rate of 6.66% provides investors with a compelling entry point and strong cash flow potential, supported by below-market rents and a stable, growing submarket.
  • Well-maintained 4-unit property with fee-simple ownership, dependable income stream, and proximity to major employment hubs and expanding retail amenities.

Investment Overview

Marcus & Millichap is pleased to present 126 2nd St, a 4-unit investment opportunity in Firestone, CO. With extremely low transaction volume, 126 2nd St is a rare private client investment opportunity in one of Colorado’s fastest growing towns. Boasting spacious 2-bedroom units and a few rental comparables in the surrounding area, 126 2nd St experiences low turnover and long-term tenancy, allowing for a more hands-off investment in the multifamily space.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower