901 S Taft Hill Rd | Fort Collins, CO 80521
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- LoopNet Team
901 S Taft Hill Rd
Fort Collins, CO 80521
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Prime CSU Location: Just 1.1 miles from Colorado State University and minutes from Downtown Fort Collins, ensuring consistent rental demand.
- Attractive Returns: Offered at $1.9M with a 5.8% pro forma cap rate in a supply-constrained submarket that consistently outperforms state rent growth.
- Value-Add Upside: Half of the units can be renovated, supporting rent growth from current $1,430 average to pro forma $1,611 and boosting NOI.
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 7,899 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | C | Parking Ratio | 1.51/1,000 SF |
| Zoning | MMN | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 7,899 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | MMN |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 97161-18-001 | Improvements Assessment | $116,844 |
| Land Assessment | $18,329 | Total Assessment | $135,173 |
PROPERTY TAXES
Parcel Number
97161-18-001
Land Assessment
$18,329
Improvements Assessment
$116,844
Total Assessment
$135,173
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