Low maintenance investment opportunity in the growing town of Fort Lupton provides steady stream of rental income. Near highway 85. Close proximity to local businesses. Tenants have resided in the units for an average of 12.5 years with the longest tenant living in unit for 20 years. Unit A has many updates with a full renovation completed 2 years ago and a new water heater and furnace. Attached Rentometer report reflects that there is opportunity for rent rates to increase to approximately $1200-$1400. Current leases are month to month. Apartment D water is tied to the sprinkler system so their rent is reduced during the summer months to accommodate such, additionally this unit has lower rent than others due to longevity of tenancy (20 years).
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
