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4 plex on S Bowen 832 S Bowen St 4 Unit Apartment Building $1,095,768 CAD ($273,942 CAD/Unit) 4.86% Cap Rate Longmont, CO 80501
Executive Summary
Bring an offer. Newer asphalt roof and gutters. Fully occupied 4 unit with long time tenants. 3 units have 2 bedrooms and 1 bath. 1 unit has 1 bedroom and 1 bathroom. All units have a large living room and eat in kitchen. 4+off road parking spaced. Refrigerators, Stoves and Hot water heat , Community laundry room . 2 Storage sheds and lots of parking. Owner pays water and sewer only. Please do not enter property without permission of listing agent.
Property Facts
| Price | $1,095,768 CAD | Building Class | C |
| Price Per Unit | $273,942 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 3,186 SF |
| Cap Rate | 4.86% | Average Occupancy | 75% |
| Gross Rent Multiplier | 14.69 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1969 |
| Property Type | Multifamily | Parking Ratio | 2.51/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | Multi - Multi | ||
| Price | $1,095,768 CAD |
| Price Per Unit | $273,942 CAD |
| Sale Type | Investment |
| Cap Rate | 4.86% |
| Gross Rent Multiplier | 14.69 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,186 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 2.51/1,000 SF |
| Zoning | Multi - Multi |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 7+4 | 4 | $1,712 CAD | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1315103-05-014 | Improvements Assessment | $49,198 CAD |
| Land Assessment | $15,288 CAD | Total Assessment | $64,486 CAD |
Property Taxes
Parcel Number
1315103-05-014
Land Assessment
$15,288 CAD
Improvements Assessment
$49,198 CAD
Total Assessment
$64,486 CAD
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4 plex on S Bowen | 832 S Bowen St
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