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1140 Lincoln St 8 Unit Apartment Building $2,077,241 CAD ($259,655 CAD/Unit) Norwood, CO 81423

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Investment Highlights

Strong rental history and consistent income performance
Increasingly desirable market with continued regional growth and housing demand.

Turnkey property is ready to go while still offering future upside and investment potential

Executive Summary

Exceptional mixed-use investment opportunity in a growing community serving as a desirable bedroom community to Telluride. This income-producing property features 2 commercial spaces and 6 residential units across two buildings, including a separate 3-bedroom, 1-bath home. The main building offers five rental units plus two commercial spaces, creating a diverse and stable income stream. Ample parking, on-site laundry facilities, and additional storage. With a strong rental history and consistent income performance, this turnkey property is ready to go while still offering future upside and investment potential in an increasingly desirable market with continued regional growth and housing demand.

1175 Grand Ave Norwood Flyer

Financial Summary (Actual - 2025)	Annual (CAD)	Annual Per SF (CAD)
Taxes	$6,945	$1.17
Operating Expenses	-	-
Total Expenses	$6,945	$1.17

Financial Summary (Actual - 2025)

Taxes (CAD)
Annual	$6,945
Annual Per SF	$1.17

Operating Expenses (CAD)
Annual	-
Annual Per SF	-

Total Expenses (CAD)
Annual	$6,945
Annual Per SF	$1.17

Property Facts

Price	$2,077,241 CAD	Building Size	5,939 SF
Price Per Unit	$259,655 CAD	Average Occupancy	88%
Sale Type	Investment	No. Stories	1
No. Units	8	Year Built/Renovated	1974/2024
Property Type	Multifamily	Parking Ratio	2.36/1,000 SF
Property Subtype	Apartment General Retail Storefront Retail/Residential Multifamily Apartments Office Office Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C
Zoning	Residential/Commercial - Both Commercial and Residential use or a combination of both as in the current configuration.

Price	$2,077,241 CAD
Price Per Unit	$259,655 CAD
Sale Type	Investment
No. Units	8
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Multifamily Apartments Office Office Residential
Building Class	C
Building Size	5,939 SF
Average Occupancy	88%
No. Stories	1
Year Built/Renovated	1974/2024
Parking Ratio	2.36/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Residential/Commercial - Both Commercial and Residential use or a combination of both as in the current configuration.

Site Amenities

Laundry Facilities

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
2+1	4	-	560 - 932
1+1	1	-	603
3+1	1	-	675

Property Taxes

Parcel Number	2010213606	Total Assessment	$81,354 CAD
Land Assessment	$33,057 CAD	Annual Taxes	$6,945 CAD ($1.17 CAD/SF)
Improvements Assessment	$48,297 CAD	Tax Year	2025