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Milagro Apartments 902 Greenwood Ave 5 Unit Apartment Building $839,475 CAD ($167,895 CAD/Unit) Canon City, CO 81212
Executive Summary
Excellent Investment Opportunity! Well established income property featuring five 1-bedroom, 1-bathroom apartments. This turnkey investment offers steady cash flow and additional income potential with two rentable garage spaces. Tenants enjoy the convenience of an on-site coin-operated laundry facility, providing added value and supplemental revenue for ownership. Located near downtown Canon City, the property offers easy access to shopping, dining, employment and local amenities, making it an attractive option for renters. Whether you're expanding your portfolio of looking for your first multifamily investment, this property combines proven income performance, desirable amenities and a convenient location.
Property Facts
| Price | $839,475 CAD | Building Class | C |
| Price Per Unit | $167,895 CAD | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 3,336 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1898 |
| Apartment Style | Low-Rise | Parking Ratio | 0.6/1,000 SF |
| Zoning | R-3 | ||
| Price | $839,475 CAD |
| Price Per Unit | $167,895 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,336 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1898 |
| Parking Ratio | 0.6/1,000 SF |
| Zoning | R-3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 5+5 | 5 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
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Presented by
Proficient Property Management Services, INC
Milagro Apartments | 902 Greenwood Ave
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