582 Spruce Drive

Bayfield, CO 81122

About this property

Fully occupied, income-producing property located in the expanding market of Bayfield. Easy access to retail services and Bayfield public schools. This property has a consistent rental history and provides an investor with the combination of apartment and self-storage income all on one 0.91-acre parcel. Building exteriors have been recently repainted. Improvement Summary: 4-Plex Apartments Built in 1972 Avg Unit Size of 785 SF +/- (2 Bedroom/1 Bath Units) Tenants responsible for electricity 6 Plex Apartments Built in 1994 Avg Unit Size of 835 SF +/- (2 Bedroom/1 Bath Units) Tenants responsible for electricity Self-Storage Buildings Built in 1994 Avg Unit Size of 140 SF +/- (Unit Bay Depths of 20) Carport Structure Built in 1972 720 SF (Could continue to be utilized for covered parking or potentially converted to additional storage space) Smaller market assets of this type and consistency of income are a rarity. For additional details, financial information, or to schedule a qualified private showing, please call. Co-brokers welcome. Note: Financial verification and Non Disclosure Agreement (Associated Docs) required to view financials and to schedule any showings. 48 hours notice required for showings.

Date Added
September 7, 2020
Listing Status
Active
Days On Site
22
MLS#
774287

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Mixed Use
Sub-Type
Resale
Year
Garage
0
Pool
No
Story(s)
2
Property View
No
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$1,300,000 Active
0 Beds
0 Full Baths
5,010 SQFT

Presented By Coldwell Banker Heritage House

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Brokerage
Durango
(970) 259-3333
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Area Information

Bayfield In Town | La Plata County |

$ 1,300,000
This listing is play_arrow 344.4% higher than the average in the area
$ 292,500 in the area
5,010 SqFt
This listing is play_arrow 310.2% larger than the average in the area
1,222 SqFt in the area
$ 259 $/SqFt
This listing is play_arrow 7.8% more than the average in the area
$ 241 $/SqFt in the area
22 days on site
This listing is play_arrow 80.1% below the average in the area
111 days on site in the area

Schools in the Area

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    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

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