205 N PUBLIC RD
LAFAYETTE, CO 80026

$1,450,000

0 Beds

0 Baths

4,230 Sq Ft

Status Active

MLS# 6377438

Prime location in Lafayette, Colorado on Public Road and alley access. Two multifamily units, consisting of 9 units. The two buildings consist of 5-efficiencies, 3-one bedroom, 1-two bedroom. Continue current use as multifamily and improve rents, or possible redevelopment within the B1 zoning and Urban Renewal District. Current rental rates are significantly under market, cap rate is based on proforma using FMR data.

Details for 205 N PUBLIC RD

$343 / Sq Ft

0 parking spaces

280 Days on website

0.27 acres lot

Interior

Living Area

4,230 SqFt.

Building And Construction

Building Name

Modern Motel

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Security Features

["Carbon Monoxide Detector(s)", "Smoke Detector(s)"]

Year Built

1947

Exterior And Lot

Lot Features

Historical District, Near Public Transit

Lot Size Acres

0.27

Lot Size Square Feet

11562

Lot Size Units

Square Feet

Area And Schools

City

Lafayette

County Or Parish

Boulder

Financial Info

Buyer Agency Compensation^*

2.8%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$8,495

Tax Year

2022