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Matterport 3D Tours
Investment Highlights
- Take advantage of a rare investment offering of three fully leased commercial properties strategically located throughout northern Colorado.
- Long-term NNN lease security through August 31, 2027, with two 5 year renewal options across all three properties, offering predictable cash flow.
- Recession-proof business model, with specialized funeral and crematory facilities, with limited market competition and long-term potential.
- 100% occupancy under a single-tenant, with multiple 5-star Google reviews, simplifies management while enhancing income reliability.
- Strategically located within one hour of each other across Longmont, Wellington, and Fort Collins, covering multiple high growth submarkets.
- Ideal for passive investors and 1031 buyers seeking low management assets with stable tenancy and durable Northern Colorado demographics.
Executive Summary
Resident Realty offers a rare opportunity to acquire a fully leased portfolio of three commercial properties, strategically located across Northern Colorado within one hour of each other. All three properties are occupied by the second-largest funeral home operator in the country, with a strong regional presence and an established client base. Both the Longmont and Fort Collins locations are in funeral home districts, which limit the construction of additional funeral homes in the area. The portfolio generates significant annual rent with escalations each year, providing stable, predictable income with built-in growth, making the portfolio ideal for investors seeking steady cash flow and long-term potential.
Carroll-Lewellen Funeral & Cremation Services has a 4.7-star rating on Google and is located at 503 Terry Street in downtown Longmont, with a lease in place until August 31, 2027, with two additional five-year renewal options. Built in 1922, this property is 8,671 square feet, situated on a 0.26-acre lot, and designed as a mortuary with a showroom and chapel space. Tenant benefits from being grandfathered in to offer alkaline water cremations to expand their services as needed. The building is ADA accessible, features a brick facade, provides ample storage and parking spaces, and has building signage. The building benefits from excellent visibility and convenient access within an established urban area. The property serves a population of more than 203,000 residents within a 10-mile radius, with a dense senior demographic and average household income exceeding $133,500.
Vessey Funeral Service has a 5-Star rating on Google and is located at 8760 6th Street in Wellington, with a lease in place until August 31, 2027, and two additional five-year renewal options. The location has been grandfathered to operate up to four crematory machines, with one currently on site, and the crematorium license stays with the property address even if a future owner changes the building's use. This 4,600-square-foot warehouse was built in 2007 and sits on a 1.82-acre lot. The building operates as a crematory in an affluent, growing community, with an average household income of over $122,700. The building provides building signage and seamless access to Route 87 and Interstate 25, with ongoing residential growth and economic development contributing to long-term stability.
Vessey Funeral Service, located at 2649 East Mulberry Street, Suite A-1, also has a 5-Star rating on Google. This location has been in place since 2007 and has a lease that extends through August 31, 2027, with two five-year renewal options, ensuring long-term income stability. Positioned within the desirable Mulberry Commercial Park, this site serves a population of over 269,800 residents and benefits from an average household income exceeding $116,000. Built in 1999, the 2,377 -square-foot building is situated on a 0.22-acre lot. The property offers easy access to Interstate 25, prominent building signage, roll-up doors, and ample on-site parking.
Northern Colorado continues to rank among the fastest growing and most economically resilient regions in the state, offering a high-quality of life that supports workforce recruitment, retention, and sustained demand for essential community services. This portfolio is fully leased to an established regional operator with a proven track record and a loyal client base, operating within a recession-resistant industry. The combination of essential service use, rent escalations, simplified management, and a dense elderly population makes the offering a compelling investment opportunity for passive investors, 1031 exchange buyers, private capital groups, and syndicators focused on low-management assets with credit tenancy and long-term fundamentals.
Property tours are by appointment only. Please contact the listing broker to schedule.
Carroll-Lewellen Funeral & Cremation Services has a 4.7-star rating on Google and is located at 503 Terry Street in downtown Longmont, with a lease in place until August 31, 2027, with two additional five-year renewal options. Built in 1922, this property is 8,671 square feet, situated on a 0.26-acre lot, and designed as a mortuary with a showroom and chapel space. Tenant benefits from being grandfathered in to offer alkaline water cremations to expand their services as needed. The building is ADA accessible, features a brick facade, provides ample storage and parking spaces, and has building signage. The building benefits from excellent visibility and convenient access within an established urban area. The property serves a population of more than 203,000 residents within a 10-mile radius, with a dense senior demographic and average household income exceeding $133,500.
Vessey Funeral Service has a 5-Star rating on Google and is located at 8760 6th Street in Wellington, with a lease in place until August 31, 2027, and two additional five-year renewal options. The location has been grandfathered to operate up to four crematory machines, with one currently on site, and the crematorium license stays with the property address even if a future owner changes the building's use. This 4,600-square-foot warehouse was built in 2007 and sits on a 1.82-acre lot. The building operates as a crematory in an affluent, growing community, with an average household income of over $122,700. The building provides building signage and seamless access to Route 87 and Interstate 25, with ongoing residential growth and economic development contributing to long-term stability.
Vessey Funeral Service, located at 2649 East Mulberry Street, Suite A-1, also has a 5-Star rating on Google. This location has been in place since 2007 and has a lease that extends through August 31, 2027, with two five-year renewal options, ensuring long-term income stability. Positioned within the desirable Mulberry Commercial Park, this site serves a population of over 269,800 residents and benefits from an average household income exceeding $116,000. Built in 1999, the 2,377 -square-foot building is situated on a 0.22-acre lot. The property offers easy access to Interstate 25, prominent building signage, roll-up doors, and ample on-site parking.
Northern Colorado continues to rank among the fastest growing and most economically resilient regions in the state, offering a high-quality of life that supports workforce recruitment, retention, and sustained demand for essential community services. This portfolio is fully leased to an established regional operator with a proven track record and a loyal client base, operating within a recession-resistant industry. The combination of essential service use, rent escalations, simplified management, and a dense elderly population makes the offering a compelling investment opportunity for passive investors, 1031 exchange buyers, private capital groups, and syndicators focused on low-management assets with credit tenancy and long-term fundamentals.
Property tours are by appointment only. Please contact the listing broker to schedule.
Matterport 3D Tours
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Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
Property Facts
| Sale Condition | Auction Sale | Number of Properties | 3 |
| Type of Ownership | Fee Simple | Total Building Size | 16,819 SF |
| Sale Type | Investment | Total Land Area | 2.52 AC |
| Status | Active |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Total Building Size | 16,819 SF |
| Total Land Area | 2.52 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built |
|---|---|---|---|
| 2649 E Mulberry St, Fort Collins, CO 80524 | Specialty | 2,377 SF | 1999 |
| 503 Terry St, Longmont, CO 80501 | Specialty | 9,842 SF | 1960 |
| 8760 6th St, Wellington, CO 80549 | Retail | 4,600 SF | 2017 |
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
John Artozqui
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr EC.100067651
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Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Portfolio for Auction
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