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201 E South 1st St
Johnstown, CO 80534

$2,400,000 USD

Apartments For Sale • 13,144 SF

Property Details

Property Type Apartments
Total Building Size 13,144 SF
Lot Size 0.61 AC
Building Class C
Year Built 1920
Cap Rate 6.58 %
Zoning CB,Johnstown

0 Transit Score

43 Walk Score

                
                    Highlights
                
                                Turn-Key Asset with 12 out of 13 units fully renovated
                            
                                Updated Windows, Two New High-Efficiency Boilers with Water Storage Tanks (2021), New Exterior Paint (2023) and Landscaping (2024)
                            
                                13 Surface Parking Spots
                            
                                In the Heart of Downtown Johnstown with the Ability to Walk to Numerous Restaurant and Retail Stores
                            
                                Large Storage Units in Basement that Currently Provide Additional Income

Property Flyers

201e_South_1st_Street_OM_KnowltonLawson

Financial Summary (Proforma)

Net Operating Income: $157,859 USD (2024)

Cap Rate:	6.58 %
Total Expenses:	$86,716 USD

Amenities

Air Conditioning
Disposal
Laundry Facilities
Heating
Kitchen
Refrigerator
Oven
Range

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	13
Type:	Surface
Included in Rent:	Yes

Chris Knowlton 303-962-9566 Pinnacle Real Estate Advisors

201 E South 1st St Johnstown, CO 80534