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1322 Florida Road
Durango, CO 81301
MLS# 737552 ID: 49410162
9816 sq.ft.
$1,950,000
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Property Description
This opportunity consists of... 12 condo units located in one of the most heavily trafficked areas of Durango, CO. Sunnyslope Condominiums is located near numerous restaurants, shops, public transportation and boasts great walkability to Downtown Durango, the Animas River and many more outdoor amenities. The long-term owner has taken great care of this asset, keeping the vacancy near a minimum and the building well maintained. The asset belongs to an HOA that is $135/Mo/Unit that covers insurance, water, sewer, trash, exterior maintenance, snow removal and landscaping. The building consists of 9-Two Bedroom units & 3-One Bedroom units, all including a full bathroom, kitchen, washer/dryer, range/over and refrigerator. This walk-up, turn-key asset is being offered at $1,950,000 for all 12-units or $1,050,000 for just half of the asset consisting of 6-units (All Two Bedroom units). Currently the asset is under market rent and has room for a new owner to increase rents and boost the Net Operating Income. Each unit is individually deeded, providing a buyer with a great exit-strategy. Please see Offering Memorandum in associated documents and call agent for financials. Donâ⿬⿢t miss out on this rare opportunity to own an investment property here in Durango.
Property Features
Status
Last Updated January 19, 2018
Market Status Available
Description
Property Type Multi Family
Year Built 1990
Sq. Feet 9816
Building Features
Roof Composition Roof
Legal/Financial
Taxes 3691.0000
Location
MLS Area Durango In Town
Offered By: The Wells Group
Schools Near Property

Select a school from the list below to receive a free school report

School District Grades Type
Durango School District No. 9-r Preschool-5 Public
Preschool-k Private
Preschool-8 Private
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Preschool-6 Private
Diocese Of Pueblo Preschool-8 Catholic
Durango School District No. 9-r Preschool-5 Public
School District Grades Type
Durango School District No. 9-r Preschool-5 Public
Preschool-k Private
Preschool-8 Private
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Preschool-6 Private
Diocese Of Pueblo Preschool-8 Catholic
Durango School District No. 9-r Preschool-5 Public
School District Grades Type
Durango School District No. 9-r Preschool-5 Public
Bayfield School District No. 10jt-r 2-5 Public
Bayfield School District No. 10jt-r K-1 Public
Preschool-k Private
Preschool-8 Private
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Ignacio School District No. 11jt K-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Durango School District No. 9-r Preschool-5 Public
Preschool-6 Private
Diocese Of Pueblo Preschool-8 Catholic
Durango School District No. 9-r Preschool-5 Public
School District Grades Type
Bayfield School District No. 10jt-r 6-8 Public
Preschool-8 Private
Durango School District No. 9-r 6-8 Public
6-12 Private
Ignacio School District No. 11jt 6-8 Public
Durango School District No. 9-r 6-8 Public
Charter School Institute 6-8 Public
Durango School District No. 9-r 6-12 Public
7-12 Public
Diocese Of Pueblo Preschool-8 Catholic
School District Grades Type
Charter School Institute 9-12 Public
Bayfield School District No. 10jt-r 9-12 Public
9-12 Private
Durango School District No. 9-r 9-12 Public
Durango School District No. 9-r 9-12 Public
6-12 Private
Ignacio School District No. 11jt 9-12 Public
Durango School District No. 9-r 6-12 Public
7-12 Public
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 768 Animas View, Durango, Co 81301 4 3 $530,000
2 778 Animas View, Durango, Co 81301 3 2 $510,000
3 755 Animas View, Durango, Co 81301 $160,000
4 601 Animas View, Durango, Co 81301 2 2 $315,000
5 601 Animas View, Durango, Co 81301 2 2 $306,000
6 551 Animas View, Durango, Co 81301 2 2 $233,700
7 525 Animas View, Durango, Co 81301 3 2 $289,900
8 525 Animas View, Durango, Co 81301 3 2 $245,000
9 457 Animas View, Durango, Co 81301 2 2 $365,000
10 457 Animas View, Durango, Co 81301 2 3 $355,000
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 28,482
Population Growth 17%
Population Density 38
Median Age 36.0
Median Income $56,519
Households 12,079
Weather
Jan Low 8.76
Jan High 39.56
July Low 57.28
July High 89.89
Annual Precipitation (in.) 86.38
Weather Risk Index* 1
*Index score (100 = National Average) that represents the total risk
Durango Demographics
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Durango Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.

Data Provided by Colorado Real Estate Network

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright [CurrentYear]. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited.

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