$265,000

1502-1520 Daniel Avenue

La Junta CO, 81050

Description

1502, 1506, 1510, 1512 & 1520 Daniels Ave. La Junta CO. INVESTMENT PROPERTY. This property includes 3.64 acres with 5 rental units. 3 Framed site built homes and 2 manufactured homes located on the outside edge of La Junta CO. With the current shortage of rental properties in the Arkansas Valley rentals like these are in constant demand. Each unit has it's own separately metered gas & electric, septic and receives water from an onsite 620' well. 4 of 5 units had roofs replaced 2yrs ago. The current tenants have been present for years so very few updates inside of units. Property is currently generating $2400 per month income, however with the right property management and upgrades this property could easily generate over $43K a year. The 5 units only take up half the of 3.6 acres. Lots of possibilities with this property. Contact: Lance Crosswhite 719-334-5848

Details

MLS#7118696
StyleIndustrial
Sub-TypeResale
StatusActive
Year1990
Days On Site16

Features

SQ Feet5,565
Story(s)1
Units5
ZoningUNK

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Area Information

StateCO
CountyOtero
CityLa Junta
Zip Code81050
AreaOtero
Listing VS Median (in 81050)
Price:
$265,000
low | high
Med:
$144,900
95.320754716981% of Average
SqFt:
5,565
low | high
Med:
1,958
100% of Average
$ / SqFt:
$48
low | high
Med:
$74
5.408580183862% of Average
On Site:
16
low | high
Med:
100
16% of Average
Listing Updated: 10/18/2019
MLS Number: 7118696
Listing Provided By:
Brian Hancock  of  THE HANCOCK GROUP INC.
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