$1,398,000
For Sale

323 Circle Drive

Fort Morgan, CO 80701
3840 sqft | 8 beds | 0.19 acres | #7637025
Listing OfficeNEWMARK REAL ESTATE COMPANY
Browse 2 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Rare Investment Opportunity: Two Four-Unit Buildings in Fort Morgan, CO
Addresses:
• 323 Circle Drive, Fort Morgan, CO 80701
• 325 Circle Drive, Fort Morgan, CO 80701
Take advantage of this rare opportunity to invest in two income-generating buildings, being sold together. Each building features 4 spacious rental units, offering a total of 8 units across both properties. With attractive amenities and consistent income potential, these buildings are a solid addition to any investment portfolio.
Property Highlights:
• Two buildings, each with 4 units (2 main floor & 2 upper-level units per building).
• Modern open floor plans with plenty of natural light.
• Central air conditioning and newer vinyl windows in each unit.
• Each unit boasts a full bath with a tiled shower and a master bedroom with a half bath.
• Skylights in upper units and hallways for additional brightness.
• Walk-out balconies for second-floor units and concrete patios for main-floor units.
• Additional income from on-site coin-operated laundry machines.
• 2 reserved parking spots per unit.
Included in Sale:
• (8) Ranges
• (8) Refrigerators
• (4) Coin-operated washing machines
• (4) Coin-operated dryers
This well-maintained property is perfect for investors looking to add a reliable, income-producing asset in a thriving community. Don't miss out on this exceptional opportunity!

  • Property Details
      • Utility FeaturesCable Available, Electricity Connected, Natural Gas Connected
      • SubdivisionLandmark & Trimen minor sub plat lot
      • Lot DescriptionLevel, Sprinklers In Front
      • School DistrictFort Morgan RE-3
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Middle SchoolFort Morgan
      • High SchoolFort Morgan
      • Original List Price$1,398,000
      • Structure TypeQuadruplex
      • Property SubtypeQuadplex
      • Exterior MaterialsBalcony
      • Elementary SchoolPioneer
      • MLS #7637025
      • Cost1398000
      • MLS #7637025
      • Utility SourcePublic
      • CountyMorgan
      • Taxes Annual$3,422
      • Acres0.19
      • Square Feet3840
      • Year Built2000
      • FoundationSlab
      • Bedrooms8

Location

Hanover CommercialReal Estate Group

Interested in Purchasing 323 Circle Drive?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00