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    194 Artesian Dr

    Eldorado Springs, CO 80025
    • $2,600,000
    • STATUS: Active
    • ON SITE: 20 days
    • MLS #: 938617
    Price Reduced
    UPDATED: 86 min ago
    $2,600,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,386
      SQFT
    • $483
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Price adjustment on an extraordinary investment opportunity at the entrance of Eldorado Canyon State Park . This 12 unit multi-family property is situated above the iconic Eldorado Pool and steps away from world-class climbing in the State Park. The opportunities are endless with stone cabin bungalows and eclectic units tucked into the side of a hill. The property sits below a climbing backdrop, several of the units have million-dollar views, outdoor flagstone patios, and native vegetation. The water supply is from Eldorado Canyon's artesian spring. Amazing trails and wilderness just steps away into the park, minutes to downtown Pearl Street fine dining, and a quick commute to Denver. The property is fully leased with the opportunity to increase rents and financial performance. Unit breakdown is 5 studio units, 6 1-bedroom units, 1, 2-bedroom unit.

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    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Alliance. Data last updated: 2021-05-15T17:38:18.797.
    www.taylorwoodardteam.com/homes/116444057
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    194 Artesian Dr Eldorado Springs, CO 80025

    • Price: $2,600,000
    • Status: Active
    • Updated: 86 min ago
    • MLS #: 938617
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    5,386
    SQFT
    $483
    $/SQFT
    1925
    Built
    Neighborhood:
    Moffat Lakes
    County:
    Boulder
    Area:
    06 Suburban Mountains
    Elementary School:
    Mesa
    Middle School:
    Southern Hills
    High School:
    Fairview
    School District:
    Boulder Valley Dist Re2
    Property Description
    Price adjustment on an extraordinary investment opportunity at the entrance of Eldorado Canyon State Park . This 12 unit multi-family property is situated above the iconic Eldorado Pool and steps away from world-class climbing in the State Park. The opportunities are endless with stone cabin bungalows and eclectic units tucked into the side of a hill. The property sits below a climbing backdrop, several of the units have million-dollar views, outdoor flagstone patios, and native vegetation. The water supply is from Eldorado Canyon's artesian spring. Amazing trails and wilderness just steps away into the park, minutes to downtown Pearl Street fine dining, and a quick commute to Denver. The property is fully leased with the opportunity to increase rents and financial performance. Unit breakdown is 5 studio units, 6 1-bedroom units, 1, 2-bedroom unit.
    Exterior Features

    Construction Moss Rock Location Description Evergreen TreesDeciduous TreesNative GrassSloping LotRock Out-Croppings Outdoor Features Patio Parking Per Unit 1 Space/Unit Property Styles 5 Or More Property Views Back Range/Snow Capped Road Access County Road/County Maintained Type Cabin Waterfront No

    Interior Features

    Basement Foundation No Basement Heating Radiator Inclusions Electric Range/OvenRefrigeratorAll AppliancesSmoke Alarm(S) Unit1 Bedrooms 0 Unit2 Bedrooms 1 Unit3 Bedrooms 2

    Property Features

    Capitalization Rate 5.08 Energy Star Certified No Gross Operating Income 184809.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Eldorado Springs Nahb Certified No Net Operating Income 132080.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Single FamilyMulti Family Tax Year 2020 Taxes 18907 Tenant Pays Nothing Total Operating Expense 52729.0000 Utilities ElectricPropane Zoning Er

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Monica Vanmatre of Re/Max Alliance On Walnut.



    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Alliance. Data last updated: 2021-05-15T17:38:18.797.
     
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