$2,100,000

4529 Shoreline Drive

Fort Collins CO, 80526

Description

Lakeshore Marina Condos is a once in a lifetime opportunity to purchase a multifamily property across from the Inlet Bay Marina on Horsetooth Reservoir, only 15 minutes from downtown Fort Collins. Built in 1963, this well-maintained 10-unit community consists of nine 1BD/1BA units and one 2BD/2BA unit, each individually deeded. All units have been remodeled in the last few years, have great views of the lake from the front porch and offer private fenced in backyards with in-ground sprinkler systems. The grounds are professionally landscaped with a private pond and plenty of open green space with an in-ground sprinkler system. There is an on-site laundry facility with income producing coin-operated machines. The property is currently 100% occupied with monthly residents but has historically operated with a portion of the units being offered as a nightly/weekly rental, especially in the summer months when the lake is at its peak popularity.

Details

MLS#3712807
StyleIndustrial
Sub-TypeResale
StatusActive
Year1963
Days On Site38

Features

SQ Feet5,506
Story(s)1
Units10
ZoningRES

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Area Information

StateCO
CountyLarimer
CityFort Collins
Zip Code80526
AreaLarimer
Listing VS Median (in 80526)
Price:
$2,100,000
low | high
Med:
$404,000
100% of Average
SqFt:
5,506
low | high
Med:
1,971
100% of Average
$ / SqFt:
$381
low | high
Med:
$206
95.910424547787% of Average
On Site:
38
low | high
Med:
56
67.857142857143% of Average
Listing Updated: 11/12/2019
MLS Number: 3712807
Listing Provided By:
Clayton Primm  of  MARCUS MILLICHAP INC