$699,000
Active
45 Days Online
0 Beds8 Baths3,750 SQFT
Active

928 Ocean Wave Drive Lake City, CO 81235

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Nestled in the picturesque town of Lake City, Colorado, this apartment building offers a captivating blend of charm and convenience. Boasting 5 studio apartments, 2 1-bedroom apartments, and 1 versatile commercial space, it presents a unique investment opportunity. Situated on a spacious .50-acre lot, there's ample room for expansion or additional development. Conveniently located with easy access from State Highway 149, the property resides in the General Business zoning district, just across from the scenic Lake Fork of the Gunnison River. Essential amenities including a grocery store, bakery, and gas station are within close proximity, while the historic downtown area of Lake City is just a short distance away. Presently, all apartments are leased on a flexible month-to-month basis, contributing to the property's stellar rental history characterized by long-term tenants. Priced competitively and primed for acquisition, seize the opportunity to explore this promising investment. Contact us today to schedule a viewing.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyHinsdale
  • Taxes$4,946
  • HOA/Condo/Coop Fees$0
  • Days on Site45 Days
  • MLS StatusActive
  • MLS ID Number812223
  • Home Size Source N/A
  • Year Built1983
  • Lot Size0.5 Acres
  • Full BathsN/A
  • Partial Baths8

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General Features

  • Style Other
  • Construction Metal Siding
  • Parking One Space
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.5
  • Water Public
  • Zoning Other
  • Property Sub Type Apartment
  • Foundation Slab

Interior Features

  • Heating ElectricOther
  • Appliances OvenRangeRefrigerator
  • Flooring CarpetLaminateLinoleumTile
  • Furnished? Unfurnished

Exterior Features

  • Roof Metal
  • View Mountains
  • Waterfront Property No
  • Exterior Shed
  • Road Frontage City StreetHighway

Community Features

  • MLS Area Lake City

Schools

School District
Unknown
Elementary School
Lake City K-12
Middle School
Lake City K-12
High School
Lake City K-12

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Monthly Payment (Est.)

$3,728
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