United StatesColoradoDurango49617 Highway 550 Highway

49617 Highway 550 Highway
49617 Highway 550 Highway Durango, Colorado 81301 United States

$4,900,000
 Get directions
 
25 of the 27 condos have been remodeled since 2020. Roof has been resealed. Exterior painted with 2 coats of paint. Old deck torn down and repaired. Old galvanized sewer lines replaced all throughout the building. 100% occupied. Waiting list of...

Listing Courtesy of eXp Realty, LLC

Listing Courtesy of eXp Realty, LLC
$4,900,000
Change Currency
14,400 Sq Ft.
Interior
1.5 Acres
Exterior
Apartments
Property type
1969
Year Built
794529
Web Id
794529
MLS ID
Purgatory
Subdivision
20
days ago

About 49617 Highway 550 Highway

25 of the 27 condos have been remodeled since 2020. Roof has been resealed. Exterior painted with 2 coats of paint. Old deck torn down and repaired. Old galvanized sewer lines replaced all throughout the building. 100% occupied. Waiting list of qualified prospects wanting to move in. Located at the base of beautiful Purgatory Ski Resort. Currently being run as an apartment complex but all the units are deeded separately as condos, so could sell off separately, vacation rental the whole property or maintain as current use as long term rentals. Cash Cow. Gross Rents were $13,000/month now are $26,000/month. Solid investment.

Listing Courtesy of eXp Realty, LLC, CREN MLS

PROPERTY INFORMATION

Waterfront
No

ADDITIONAL INFORMATION

Number of Units
27
Listing Courtesy of eXp Realty, LLC

Listing Courtesy of eXp Realty, LLC

Listing Courtesy of eXp Realty, LLC

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 2017. 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 CREN contain that company's name.

FULL CREN Disclaimer
Contact Agent