807 Legion Street, Craig, CO 81625

$1,950,000
Property Type: Commercial Sale Square Footage: 31,040 Lot Size (sq. ft.): 71,874 Status: Closed
Current Price: $1,950,000 List Date: 2/25/2021 Last Modified: 9/05/2024

Overview

Description

The Highland Green Apartments are located 45 minutes west of Steamboat Springs in Craig, Colorado. The area is a vital bedroom community for the Steamboat and Craig workforces and is the gateway to northwest Colorado recreation. The property was constructed in 1976 and consists of 31,040 ' on 1.65 acres. Ten buildings house the 40 one- & two-bedroom units. Located on the east side of Craig near the City Park & Pool and elementary schools. Priced at $74.10 PPSF or $57,500 average per unit. Many improvements including renovation of multiple units, new cabinetry, repainting of all units and common area, new flooring throughout, landscaping and drainage. Great location with ample parking completes this great investment property.

Listing Details MLS# 168792

Location Info

Type
Commercial
Major Area
Craig
Area
17-Craig
Asking Price
2300000
Original List Price
2500000
Street #
807
Street Name
Legion
Street Suffix
Street
City/Town
Craig
State/Province
CO
Postal Code
81625

Keywords Info

Total Building SqFt
20.001+
Association Dues
No

Listing Info

Short Sale
No
REO
No
Auction
No
In Foreclosure
No
Member Association
Glenwood Association

General Info

Sub/Loc
Craig
County
Moffat
Legal
Subd: VICTORY HEIGHTS TRACTS 42,44,46,48
Zoning
Residential
Lot SqFt
71874
Nbr of Acres
1.65
Stories
2
Total SqFt
31040
Business Name
Highland Green Apartments
Inventory
No
Parcel #
65931310001
Year Built
1976
Directions
On the east side of Craig, Legion Street North for approx 3 blocks. Complex will be on the right.

Financing Info

Metro Tax District
No
Taxes
7288
Tax Year
2020
Transfer Tax
No
HOA Dues
0
Total HOA Fee Per Year
0

Status Change Info

Under Contract Date
2021-07-01
Proposed Close Date
2021-09-24
Sold Date
2021-09-24
Sold Price Per/SF
62.82
How Sold
Other

More Information

Remarks

Public Remarks
The Highland Green Apartments are located 45 minutes west of Steamboat Springs in Craig, Colorado. The area is a vital bedroom community for the Steamboat and Craig workforces and is the gateway to northwest Colorado recreation. The property was constructed in 1976 and consists of 31,040 ' on 1.65 acres. Ten buildings house the 40 one- & two-bedroom units. Located on the east side of Craig near the City Park & Pool and elementary schools. Priced at $74.10 PPSF or $57,500 average per unit. Many improvements including renovation of multiple units, new cabinetry, repainting of all units and common area, new flooring throughout, landscaping and drainage. Great location with ample parking completes this great investment property.

Allowable Uses

Income
Yes
Multi-Family Res
Yes

Current Use

Income
Yes
Multi-Family
Yes

Construction

Frame
Yes

Access

Paved
Yes

Condominiumized

No
Yes

Electric

Yes
Yes

Condition

Average
Yes

Basement/Substructure

Slab
Yes

Roof

Composition Shingles
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Mineral Rights

No
Yes

Parking

Common
Yes
Parking Lot
Yes

Occupant

Tenant Occupied
Yes
Multiple Leases
Yes

Terms Offered

Cash
Yes

Possession

DOD
Yes
Subject to Lease
Yes

Sign

Yes
Yes

Property Features

Allowable Uses: Income; Multi-Family Res Current Use: Income; Multi-Family Construction: Frame Condominiumized: No Roof: Composition Shingles Condition: Average Electric: Yes Water: Public Sanitation: Sewer Parking: Common; Parking Lot Access: Paved Occupant: Tenant Occupied; Multiple Leases Mineral Rights: No Terms Offered: Cash Sign: Yes Possession: DOD; Subject to Lease
IDX
Listing Office: The Group Real Estate, LLC
Source MLS Verified
Last Updated: September - 05 - 2024
Broker Attribution: (970) 870-8800

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