Under Contract816 Days

$925,000

333 Custer Avenue
Akron, CO 80720

Commercial For Sale

9,264 Sq. Ft.

0.74 Acre Lot

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Precision Homes Real Estate

Description for 333 Custer Avenue, Akron, CO 80720

For Sale> Washington> Akron> 80720

333 Custer Ave is a garden-style apartment community currently with an on-site, live-in manager. Each building is split up into two common area entrances, providing access to four units. The Fairview Apartments total 16 units, including both one-bedroom, and two bedroom with a ADA accessible unit. This property is a high-yield investment opportunity that has in-place cash flow and minor renovations to each unit have been made. The potential of this investment can be further maximized through continued value-add initiatives, including exterior improvements and landscaping. Some highlights of this property include a heated manager’s office, coin-operated laundry room, storage room and a garden shed.

Property Details

Listing Details

Status: Under Contract

Property Type: Commercial

Property Style:Multi-Family

Sale/Rent: For Sale

MLS#: REC9427887

Price: $925,000

List Date: 01/31/2023

Square Feet: 9,264 Sqft

Year Built: 1984

Sold Date:

Ownership Desc: Single Family

Exclusions: Renters personal property. Unit 8 Fridge.

List Agent MLSID: REC55049335

Location Information

Country: US

State: CO

County: Washington

City: Akron

Zip Code: 80720

Street: Custer

Street Number: 333

Street Suffix: Avenue

Longitude: W104° 46' 58.1''

Latitude: N40° 9' 41.8''

Entire Listing Display?: Yes

Garage/Parking

Carport?: No

Garage?: No

Exterior Features

Private Pool: No

Spa: No

Roof:Composition

ConstructionMaterials:Wood Siding

WaterFront and WaterAccess

Waterfront?: No

Land Info

Lot Size: 0.74 Acre

Lot Details:Corner Lot

Rear Exposure: Nw

Zoning Code: Comm Multi

Land Lease Fee Freq: Monthly

CurrentUse:Multi-family

RoadSurfaceType:Paved

HOA Info

HOA Fee Freq: Monthly

Senior Community 55+: No

Rental Info

LeaseAmountFrequency: Monthly

Tax Info

Tax Desc: A parcel of land in the North half N1/2 of Section 8, Township 2 North, Range 52 West of the Sixth Principal Meridian, Washington County, Colorado, said parcel being more particularly described as follows Beginning at the Southeast corner of a parcel of land described in Book 1011 At Page 466 of the Washington County records thence North 04010 West along the East line of said parcel of land described in Book 1011 at Page 466 a distance of 179.95 feet to the Northeast corner of said parcel of land described in Book 1011 at Page 466; thence South 89 16 25 West along the North line of said parcel of land described in Book 1011 at Page 466 a distance of 177.97 feet thence South 0 39 10 East a distance of 180.03 feet to a point on the South line of said parcel of land described in Book 1011 at Page 466 thence North 89 14 50 East along the South line of said parcel of land described in Book 1011 at Page 466 a distance of 178.02 feet to the point of beginning.

Taxes: $1,300

Tax Year: 2022

Listing Information

Office Name: Precision Homes Real Estate

Agent Name: Mattie Haney

List Office MLSID: RECPHRE12

MLS: Recolorado

Original List Price: $1,075,000

Last Changed: 06/05/2024 00:27:17

BuildingFeatures:Storage

WaterSource:Public

Price History

Source: MLS

Date	Event	Price	Source
2024-09-18 00:12:30	Under Contract	$925,000	MLS
2023-01-31 15:34:18	Under Contract	$1,075,000	MLS

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