Investment Blog

550 W 3rd St Nederland - SOLD

We listed 550 W 3rd St in Nederland on June 18th and had it under contract in 37 days.  This investment property had 6 efficiency units averaging 260 sf in a central Nederland location close to downtown and the RTD PnR.  It sold for $480,000 with annual rent of $47,640 producing a GRM of 10.47 and an actual cap rate of 6.28%.

During this process we had several more buyers for Front Range income property, if you are thinking of selling please give me call.  

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© Kevin Schill 2018