1300 Holly AveLongmont, CO 80501

For Sale
$780,000

Longmont, CO Apartment Building - 3 Units

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a three-unit apartment building located at 1300-1304 Holly Ave, Longmont, CO 80501, in Boulder County. The property boasts a total of 3,204 square feet, situated on a 0.24-acre lot. Built in 1977, the building is a two-story structure featuring three units, each approximately 1,068 square feet. Each unit includes two bedrooms and two bathrooms. The property offers three parking spaces with carports and storage. The permitted zoning is R-MN Residential Mixed Neighborhood per the City of Longmont. Currently fully leased, this property presents a strong cash flow with potential for future rental increases given below-market lease rates. Landlord responsibilities include water, sewer, and trash services, while tenants are responsible for electricity and telecommunications/data/television services. This well-maintained property represents a rare opportunity in a thriving Longmont market, offering significant potential for long-term growth and return on investment. The property's location in Longmont provides convenient access to local amenities and services. This is a turnkey investment ready for a new owner.

Highlights

  • Three-unit apartment building at 1300-1304 Holly Ave, Longmont, CO 80501.
  • 3,204 square feet on a 0.24-acre lot.
  • Built in 1977, two-story structure with three 1,068 sq ft, 2 bed/2 bath units.
  • Three parking spaces with carports and storage; R-MN zoning.
  • Fully leased with below-market rents, offering strong cash flow and upside potential.
  • Landlord pays water, sewer, trash; tenants pay utilities.

Property Details for 1300 Holly Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
3,204 SF
Year Built
1977
Stories
2
Lot Size (sq. ft)
10,454 SF
Units
3

Location Insight

City
Longmont
County
Boulder
State
Colorado
Latitude
40.1448515
Longitude
-105.1139101
1300 Holly Ave, Longmont, Colorado

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1300 Holly Ave
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