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(720) 432-8695
New Horizons Real Estate
615 Remington St, Fort Collins, CO 80524
- $2,700,000
- List Price
- $2,700,000
- Status
- ACTIVE
- MLS#
- 1055585
- Price Change
- ▼ $150,000 1789782384
- Year Built
- 1904
- Region
- Fort Collins
- Subdivision
- Ftc
Property Description
Waypoint Real Estate is pleased to present 615-621 Remington Street, a 12,130 SF two-building multifamily portfolio situated on 0.37 acres within walking distance of Colorado State University and minutes from Old Town Fort Collins.The 10-unit, 100% occupied portfolio offers a unit mix of two studios (215 SF), five 3-bedroom/2-bathroom units (1,500 SF), and three 3-bedroom/1-bathroom units (1,400 SF), zoned OT-C within the Old Town corridor. Current in-place rents sit below market, presenting a clear mark-to-market opportunity through natural lease turnover, no renovation, or repositioning required. The property's proximity to CSU provides a consistent rental pool that underpins occupancy year over year, reducing vacancy risk and supporting steady NOI growth from day one.Presenting an opportunity to acquire a fully performing asset with embedded upside in one of Fort Collins' most supply-constrained rental corridors.
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Additional Information
- Taxes
- $16,131
- School District
- Poudre
- Elementary School
- Laurel
- Middle School
- Blevins
- High School
- Poudre
- Heating
- Forced Air
- Cooling
- Ceiling Fan(s)
- Utilities
- Natural Gas Available
- Tenant Pays
- Gas, Electricity
- Zoning
- NCB
Listing courtesy of David Katz.
9706325050
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