Lee Roufa presents
Eagle's Nest is a section 42 affordable apartment community, owner-managed, in Rifle CO. The property is being offered free and clear of debt to a new investor. This investment opportunity, built in 2006, includes 8 one-bedroom (each at 689 square feet), 13 two-bedroom (each at 862 square feet, with one at 1,148), and 9 three-bedroom (each at 1,148 square feet)apartments as well as a 1,148 square foot office spread across 3.9 acres in Rifle, CO. The property includes additional rentable storage spaces as well as on-site laundry and a playground area. The Cap rate is just over 4%. Apartments are currently at 100% occupancy with a waiting list. New rent roles will be available in May. Contact broker for more details regarding leases and operations.
Address: Rifle, Colorado
For more information, please contact Lee Roufa at 970-729-0526 or lee.roufa@evrealestate.com
Lee Roufa is the exclusive agent representing the Telluride, Colorado real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.
