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    1823 E Harmony Rd

    Fort Collins, CO 80528
    • $16,330,000
    • STATUS: Active
    • ON SITE: 110 days
    • ID#: 937590
    UPDATED: 31 min ago
    $16,330,000
    • 0
      BEDS
    • 4.66
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Hc
    Type:
    Commercial
    Built:
    1974
    County:

    School Ratings & Info

    Description

    RE/MAX Commercial Alliance is pleased to present the opportunity to purchase this well tenanted and diverse investment offering. The Glick Brothers Business Park is comprised of retail, showroom, and warehouse building types and operates as an investment property with 26 tenants. On 4.66 acres of land w a premium location, it offers easy access off two major arterials with a vehicle count of 78,775 VPD. The location attracts activity from the greater NoCo area, including Loveland, Windsor, Greeley, and Johnstown which greatly benefits the tenants within the center. Due to the premium location land values in the neighboring area are on the higher end of market. Overall improvements incl a new roof value of $1.2M in 2016, HVAC updates, and 6 new restrooms. The historical vacancy is low due to the premium location of the property and is easily tenanted and attracts a wide variety of uses. This investment offering has many long term renters and is ideal for the risk adverse investor.

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    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or iHomes Colorado. Data last updated: 2021-08-02T14:38:27.12.
    www.ihomescolorado.com/homes/116070457
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    1823 E Harmony Rd Fort Collins, CO 80528

    • Price: $16,330,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 937590
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.66
    Acres
    1974
    Built
    Neighborhood:
    Hc
    County:
    Larimer
    Area:
    09 Fort Collins area
    Property Description
    RE/MAX Commercial Alliance is pleased to present the opportunity to purchase this well tenanted and diverse investment offering. The Glick Brothers Business Park is comprised of retail, showroom, and warehouse building types and operates as an investment property with 26 tenants. On 4.66 acres of land w a premium location, it offers easy access off two major arterials with a vehicle count of 78,775 VPD. The location attracts activity from the greater NoCo area, including Loveland, Windsor, Greeley, and Johnstown which greatly benefits the tenants within the center. Due to the premium location land values in the neighboring area are on the higher end of market. Overall improvements incl a new roof value of $1.2M in 2016, HVAC updates, and 6 new restrooms. The historical vacancy is low due to the premium location of the property and is easily tenanted and attracts a wide variety of uses. This investment offering has many long term renters and is ideal for the risk adverse investor.
    Exterior Features

    Construction Materials Metal Siding Horse YN No Property Attached YN No Roof Rubber Waterfront YN No

    Interior Features

    Building Area Total 117840 Cooling Refrigeration/Hvac Cooling YN Yes Has Family Room No Heating 2 Or More Heat Sources Heating YN Yes Living Area 117840 Living Area Source Assessor

    Property Features

    Association YN No Cap Rate 4 Gross Income 1252269.03 Has Association Fee No Has Association2 Fee No Has Green Features Addendum No Has Hoa Covenants No Has Hoa2 No Has Hoa2 Covenants No Has Improvements No Has Solar Thermal No Has Water Rights No Listing Sub Status None Locale Fort Collins Net Operating Income 653320.03 New Construction YN No Operating Expense 598949 Property Condition Not NewPreviously Owned Property Sub Type Multi Family Tax Annual Amount 246664 Tenant Pays All Operating Costs (Used Alone) Water Source City WaterCity Fort Collins Zoning Hc

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Michelle Hickey Crawford of Re/Max Comm. Alliance-Ftc Dwtn.



    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or iHomes Colorado. Data last updated: 2021-08-02T14:38:27.12.
     
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