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3328 McConnell Dr 7 Unit Apartment Building $2,233,472 CAD ($319,067 CAD/Unit) 7.89% Cap Rate Laporte, CO 80535

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EXECUTIVE SUMMARY

Come and tour this rare gem investment property in tranquil LaPorte. This 7 plex overlooks a 32 ac farm to the east, views of the mountains to the west. Ride your bike to Watson Lake or quick access to the Poudre Canyon. 6 units are 3 bedroom w/ 1 car garage. Most units have 1.5 baths. The 7th unit is a 3 bedroom w/ 1.5 baths and a carport. Several long term tenants so room for rent increases in the coming years. All have separate back yards. Perfect move-up property for your 1031 exchange. Please request updated financial information from the broker.

PROPERTY FACTS

Price $2,233,472 CAD
Price Per Unit $319,067 CAD
Sale Type Investment
Cap Rate 7.89%
Sale Condition 1031 Exchange
Gross Rent Multiplier 11.27
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.89 AC
Building Size 8,130 SF
Average Occupancy 90%
No. Stories 2
Year Built/Renovated 1978/2025
Parking Ratio 1.84/1,000 SF
Zoning M

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 2 $2,513 CAD -
3+1 1 $2,338 CAD -
4+1 1 $2,513 CAD -
3+1 1 $2,199 CAD -
3+2 1 $2,511 CAD -
3+1 1 $2,443 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
98293-27-013
Land Assessment
$14,172 CAD
Improvements Assessment
$119,419 CAD
Total Assessment
$133,590 CAD
  • Listing ID: 37972310

  • Date on Market: 2025-10-07

  • Last Updated:

  • Address: 3328 McConnell Dr, Laporte, CO 80535

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