Description
OPPORTUNITY ZONE commercial/industrial property. Here is a great property to eliminate capital gains tax while enjoying a high rental return in a high traffic area of Fort Collins. Currently 6 rentals, two 2 bedroom houses, large garage and 4 mobile homes. The property has gross return of $4,660 monthly. Zoned Commercial, can change to Industrial. New sewer lines underground. Properties are grand-fathered. Op Zone allows deferral of current capital gain tax, and completely eliminate future gains
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13BEDS
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1.03ACRES
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0BATHS
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01/2 BATHS
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6,000SQFT
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$108$/SQFT
School Information
Description
OPPORTUNITY ZONE commercial/industrial property. Here is a great property to eliminate capital gains tax while enjoying a high rental return in a high traffic area of Fort Collins. Currently 6 rentals, two 2 bedroom houses, large garage and 4 mobile homes. The property has gross return of $4,660 monthly. Zoned Commercial, can change to Industrial. New sewer lines underground. Properties are grand-fathered. Op Zone allows deferral of current capital gain tax, and completely eliminate future gains
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