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27988 Knowles Road
Evergreen, 80439
FOR
SALE
$3,250,000
For Sale
8,194
Sq.Ft.
1.70
Acres
MLS# 9973350
Cumulative Days on Market: 489 (since October 28th, 2022) Data provided by the MLS.

Property Details

Once in a lifetime opportunity to purchase six contiguous properties, totaling 8 dwelling units on one street in downtownEvergreen, Colorado. Five single-family homes, a duplex, and a great little 1 bedroom cabin. So much upside! The serialFlipper can have a ball with these. SO much charm and Location, Location, Location! One block to Downtown Evergreen.Walk to the lake and lakehouse for concerts, paddleboarding, ice skating, and New Year's fireworks. Restaurants, bars, and galleries galore. Trees, rock outcroppings, wildlife. All that and walk to breakfast at the Wildflower or live music at theLittle Bear. This is an ideal path to cash for someone needing to complete a large 1031 transaction. With six separateproperties, one could collect rents as-is and upgrade and sell them one per year or however fast or slow you wish toliquidate. These homes are in the absolute hottest demographic in the foothills. AND the zoning is conducive to buildingSingle Family townhomes or possibly condos. Many possibilities. If you drive by PLEASE do not disturb the tenants. The maximum ROI is achieved when curb appeal is approved. Then, fix-n-flip, fix-n-hold, and / or VRBO will be lucrative.

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Property Highlights

Price
$3,250,000
Property Type
Commercial Sale
Property Sub Type
Multi-Family
Year Built
1919
Acres
1.70

Location

County
Jefferson
Zoning
MR-1

Property Details

Price
$3,250,000
Property Sub Type
Multi-Family
Property Type
Commercial Sale

Building

Structure Type
Free Standing
Total Area
8,194

Interior Features

Area and Spaces

Number of Units
8

Interior Features

Electic
110V
Security Features
Carbon Monoxide Detector(s)

Building Details

Construction

Year Built
1919

Materials

Construction Materials
Frame, Wood Siding
Roof
Composition

Terms

Commercial

Cap Rate
2.60

Terms

Exclusions
Tenants' personal property.
Special Terms
Cash, Conventional

Taxes

Tax

Tax (Annual)
$1,956

Heating, Cooling & Utilities

Utilities

Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected, Phone Available
Water Source
Public

Lot

Acres
1.70
Lot Features
Cul-De-Sac
Lot Size
2
Lot Size Area Sq Ft
74,052

Parking

Parking Features
Concrete, Driveway-Gravel
Total Parking Spaces
16
Listed by Re/max 100 Inc., [email protected], 303-591-4663.
Listing Data last updated 29th February, 2024 09:00
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 29-Feb-2024 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2024 Buying Buddy. All calculations should be independantly verified.
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Property History

13 days ago
Property information last updated
489 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 489. Data provided by the MLS.

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Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 29th February, 2024 09:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Listing Data last updated: 29th February, 2024 09:00
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