A truly unique Investment Opportunity in the heart of Downtown Fort Collins. Check this one out, as it offers great in place rents and a solid Cap Rate with the upside of additional future redevelopment potential on this16, 900sqft Old Town corner lot! Property includes 7 total units - a Legal Triplex fronts the property on Meldrum and 4 separate Mobile Home units. These well located, affordable rental units are always fully leased! Down the road, join several other previous Downtown redevelopment projects that have had great success in an around this burgeoning area of Old Town! Buy as an investment that cash flows now, and make an income while planning your next project in this NCB zoning district. The…
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The average household income in
Fort Collins, CO
grew
from
$57,831
to
$60,110
in the past year. This data is an estimate based upon
61,532
households in
Fort Collins, CO. The chart below presents how household income is distributed in
Fort Collins, CO
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Fort Collins, CO
compared to median property taxes around the country. The prevalent amount of property taxes in
Fort Collins, CO
equals
$2k-$3k
, which is
less
than the national average.