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224 Seward St
Lyons, CO 80540

$1,750,000 USD

Apartments For Sale • 3,400 SF

Property Details

Property Type Apartments
Total Building Size 3,400 SF
Lot Size 0.75 AC
Building Class C
Year Built 1925
Cap Rate 8.06 %
Zoning R1, Lyons

0 Transit Score

59 Walk Score

                
                    Highlights
                
                                Strong In-Place Cashflow, Stabilized Asset
                            
                                Below Market Rent; 8%+ Proforma Cap Rate
                            
                                High Demand Boulder County Rental Market
                            
                                Diverse Unit Mix: 6 Apartments, 8 Mobile Homes
                            
                                2 Water Taps; Great Future Redevelopment
                            
                                Quiet Neighborhood in Lyons, CO; Close Proximity to Boulder, Longmont, & Estes Park

Property Flyers

224 Seward St, Lyons - OM

Financial Summary (Proforma)

Net Operating Income: $141,039 USD (2024)

Cap Rate:	8.06 %
Total Expenses:	$62,641 USD

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	14
Type:	Surface
Included in Rent:	Yes

Clayton Primm 303-590-4537 Marcus & Millichap

224 Seward St Lyons, CO 80540