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66516 Ogden Road

Montrose, CO 81401
  • $3,500,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 815188
UPDATED: 66 min ago
$3,500,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 7,600
    SQFT
  • $461
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2024
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of United Country Real Colorado Properties: 970-256-9700.


Description

Welcome to your next investment opportunity nestled in the heart of Western Colorado's enchanting landscapes. This eight-unit condo building offers a unique blend of charm and potential for savvy investors seeking both short and long-term rental income streams. With a mix of two cozy 1-bedroom units and six spacious 2-bedroom units, this property caters to a diverse range of tenants, from couples seeking a romantic getaway to families yearning for an adventure-filled retreat. Each unit is thoughtfully designed to maximize comfort and functionality, ensuring a delightful living experience for tenants and exceptional returns for investors. Strategically located near Western Colorado's premier tourism sites, this property presents an unrivaled opportunity to capitalize on the region's booming travel industry. Outdoor enthusiasts will be drawn to the proximity of world-class skiing, hiking, hunting, and fishing areas, making this an ideal destination for year-round exploration and adventure. Whether you're looking to diversify your investment portfolio or capitalize on the burgeoning tourism market, this condo building promises both financial rewards and a chance to immerse yourself in the breathtaking beauty of Western Colorado. Don't miss out on this rare opportunity to own a piece of paradise in one of the country's most sought-after destinations. Schedule your viewing today and unlock the potential of this remarkable investment gem!

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-07-24T06:57:10.723.
www.destinationdro.com/homes/151997491
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66516 Ogden Road Montrose, CO 81401

  • Price: $3,500,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 66 min ago
  • MLS #: 815188
0
Beds
9
Baths
0
½ Baths
0.25
Acres
7,600
SQFT
$461
$/SQFT
2024
Built
Neighborhood:
Other
County:
Montrose
Area:
Montrose Se
Elementary School:
Cottonwood K-5
Middle School:
Columbine 6-8
High School:
Montrose 9-12
Property Description
Welcome to your next investment opportunity nestled in the heart of Western Colorado's enchanting landscapes. This eight-unit condo building offers a unique blend of charm and potential for savvy investors seeking both short and long-term rental income streams. With a mix of two cozy 1-bedroom units and six spacious 2-bedroom units, this property caters to a diverse range of tenants, from couples seeking a romantic getaway to families yearning for an adventure-filled retreat. Each unit is thoughtfully designed to maximize comfort and functionality, ensuring a delightful living experience for tenants and exceptional returns for investors. Strategically located near Western Colorado's premier tourism sites, this property presents an unrivaled opportunity to capitalize on the region's booming travel industry. Outdoor enthusiasts will be drawn to the proximity of world-class skiing, hiking, hunting, and fishing areas, making this an ideal destination for year-round exploration and adventure. Whether you're looking to diversify your investment portfolio or capitalize on the burgeoning tourism market, this condo building promises both financial rewards and a chance to immerse yourself in the breathtaking beauty of Western Colorado. Don't miss out on this rare opportunity to own a piece of paradise in one of the country's most sought-after destinations. Schedule your viewing today and unlock the potential of this remarkable investment gem!
Exterior Features

Carport No Garage Yes Garage Type Other Property Attached No Roof Metal Siding Metal Street Description Paved Views Mountains Water Well No Waterfront YN No

Interior Features

Appliance Inclusions DishwasherDisposalDryerMicrowaveRange/OvenRefrigeratorWasher Cooling Other Dining Kitchen/Dining Fireplace Living Room Flooring LaminateTile Foundation Basement Slab Heating Fuel Source Electric One Quarter Baths 0 Total Office Dens 0

Property Features

Construction Completed No Covenants YES Estimated Completion Date 2025-06-01 Green Certification No Hoa Yes Hoa Name Farm at Valley Ranch HOA Horse Setup No Multi Story Yes New Construction Design/Build PackageTo Be Constructed New Construction YN Yes Reo Lender Owned No Tax Year 2024 Terms 1031 ExchangeCashConventional Total Taxes 1000 Type Other Water Rights No Water Sewer City SewerCity Water Zoning Residential Multi Family

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-07-24T06:57:10.723.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of United Country Real Colorado Properties: 970-256-9700.