Skip To Content

    230 N Poplar Street

    Hayden, CO 81639
    • $599,000
    • STATUS: Pending
    • ON SITE: 83 days
    • ID#: 3167165
    Under Contract
    UPDATED: 81 min ago
    $599,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,970
      SQFT
    • $121
      $/SQFT
    Type:
    Commercial
    Built:
    1999
    County:
    Area:

    School Ratings & Info

    Offered by Choice Realty & Management.

    Description

    Investment Opportunity!! 21 Storage Units and a single family home all located on one lot in downtown Hayden. Turnkey opportunity with all storage units and house occupied with steady tenants and no vacancy. The storage units were built in 1999, are in good condition, low-maintenance and are in high demand. The house has 1,470 square feet finished space, 3 bedrooms and 1 bathroom. It was remodeled in 2020 and is in high demand in Hayden's strong rental market. Current cap rate of 5.7%. However, current rental rates are below par and with updated rental rates to market value, the cap rate will go over 7%. Current rates are $85/month for the (7) 10x10 storage units, $115/month for the (14) 10x20 storage units, and $1600/month for the house. These rates, at market value, should be at $100, $150 and $1800 respectively. Total Projected net annual income of $43,124.

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Venterra Real Estate LLC are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.venterrahomes.com/homes/118926651
    Print Image

    230 N Poplar Street Hayden, CO 81639

    • Price: $599,000
    • Status: Pending
    • Updated: 81 min ago
    • ID#: 3167165
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    4,970
    SQFT
    $121
    $/SQFT
    1999
    Built
    County:
    Routt
    Area:
    Hayden
    Property Description
    Investment Opportunity!! 21 Storage Units and a single family home all located on one lot in downtown Hayden. Turnkey opportunity with all storage units and house occupied with steady tenants and no vacancy. The storage units were built in 1999, are in good condition, low-maintenance and are in high demand. The house has 1,470 square feet finished space, 3 bedrooms and 1 bathroom. It was remodeled in 2020 and is in high demand in Hayden's strong rental market. Current cap rate of 5.7%. However, current rental rates are below par and with updated rental rates to market value, the cap rate will go over 7%. Current rates are $85/month for the (7) 10x10 storage units, $115/month for the (14) 10x20 storage units, and $1600/month for the house. These rates, at market value, should be at $100, $150 and $1800 respectively. Total Projected net annual income of $43,124.
    Exterior Features

    Architectural Style Detached Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Garage YN No Lot Features Split Possible Lot Size Area 0.27 Lot Size Square Feet 11761 Parking Total 0 Road Frontage Type Public Road

    Property Features

    Contingency None Known Exclusions All Personal Property Belonging To Tenants. Washer/Dryer in The House Are Excluded. Lease Considered YN No Possession Closing Property Sub Type Special Purpose Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 6178 Tax Year 2020 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Source Public Zoning Commercial

    Listing courtesy of Choice Realty & Management: MLS #3167165


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Venterra Real Estate LLC are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    https://bt-photos.global.ssl.fastly.net/metrolist/1280_boomver_1_3167165-2.jpg https://bt-photos.global.ssl.fastly.net/metrolist/1280_boomver_1_3167165-2.jpg https://bt-photos.global.ssl.fastly.net/metrolist/1280_boomver_1_3167165-2.jpg
    Logo
    Venterra Real Estate LLC
    711 N Cascade Ave
    Colorado Springs CO, 80903
    Offered by Choice Realty & Management.