Courtesy: The Wells Group of Durango, Inc.

For more information on this listing, please contact...

Branding Photo
  • Price:

    • $8,500,000

  • Listing #:
    • 766633
  • Class:
    • Multi-Residential
  • Type:
    • Apartment Bldg.
  • Status:
    • Active
  • Units:
    • 20
  • Apx. Acres:
    • 0.87
  • Apx. Sqft.:
    • 22941
  • Lot Size:
    • .5 - .99
  • Year Built:
    • 2016
  • Elementary:
    • Riverview K-5
  • Middle School:
    • Miller 6-8
  • High School:
    • Durango 9-12
  • Subdivision:
    • None
  • Address:
  • City:
  • County:
    • La Plata
  • Area:
    • Durango In Town
  • State:
    • CO
  • Zip:
    • 81301

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Description

1304 Apartments is a 68-bed (20-unit) multifamily apartment investment opportunity located in Durango, CO, the beating heart and economic hub of southwest Colorado. 1304 Apartments has been rated “Best of Durango” 3 years in a row by providing residents a paramount location, luxury condo quality amenities, and gorgeous interiors at truly superb value. The new construction and modern designed buildings are ideally situated on a highly visible corner lot, adjacent to public transit stops, with many of the local’s favorite eateries and amenities just steps away. The community was thoughtfully designed and developed in 2017 to offer residents one of the highest quality living options in town, at affordable prices, and conveniently located only 5 minutes to Fort Lewis College and Historic Downtown Durango.
  • Building Details
    • Multi Story:
      • - Yes
    • Stories:
      • - Three Story
    • Style:
      • - Contemporary
      • - Mid / High Rise Apts
    • Flooring:
      • - Carpet
      • - Laminate
  • Square Footage
    • Price Per SQFT:
      • - $370.52
    • List Price/Sqft:
      • - $370.52
  • Property Details
    • Property Description:
      • - Corner
    • Zoning:
      • - Residential Multi Family
    • Garage Y/n:
      • - No
    • Parking:
      • - 20+ Total Spaces
      • - In Rear Of Building
      • - Off Street
      • - Paved
    • Parking Spaces:
      • - 48
    • Horse Setup:
      • - No
    • Water Front:
      • - No
  • Eco-Friendly Details
    • Green Certification Y/n:
      • - No
  • Income and Expenses
    • Landlord Pays:
      • - Building Insurance
      • - Common Area Maintenance
      • - Ext Maintenance (bldg)
      • - Real Estate Taxes
      • - Site Maintenance (prop)
      • - Snow Removal
      • - Trash
      • - Water / Sewer
    • Tenant Pays:
      • - Electric
    • Total Taxes $:
      • - $7,051.00
    • Tax Year:
      • - 2,018.00
  • HOA Details
    • Hoa Y/n:
      • - No
  • Utilities
    • Total # Electric Meters:
      • - 21
    • Water Well:
      • - No
    • Total # Water Meters:
      • - 3.00
    • Domestic Water/sewer:
      • - City Water
    • Water Rights/irrig.:
      • - No
  • Miscellaneous
    • Special Assemnt Y/n:
      • - No
    • Available For Auction:
      • - No
    • Cap Rate Percent:
      • - 6.1
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  • The Wells Group of Durango, Inc.

For more information on this listing, please contact...

Branding Photo