The Willows
The Willows
The Willows
The Willows

8 SINGLE FAMILY UNITS LOCATED BEHIND DOWNTOWN FARSER. THIS IS AN INCREDIBLE INVESTMENT OPPORTUNITY IN GRAND COUNTY.

328 & 330 Park Avenue Fraser, CO 80442

$2,400,000


 

LOCATED JUST OFF MAIN THOROUGH-FAIR IN FRASER, CO

This property is located in the heart of Fraser, in close proximity to restaurants, shopping and local transit! 

Town of Fraser Zoning Map

 

 

Property
Details

Property Type: Multi Family
Subtype: Apartment Building
Investment Type: Value Add
Investment Subtype: Redevelopment
Zoning:
Business-Part of Fraser Riverwalk Overlay District so you can have increased density
 

Property
Details

Class: B
Net Rentable Square Footage:  5,088
Price per Sq. Ft.:  $406.50
Price per Unit: $300,000
NOI: $160,800
Cap Rate:  6.70%
Year Built:
1977 
Year Renovated:
2022
Occupancy:
100%
APN:
158719107017
158719107025

Two neighboring 4-plexes in the heart of downtown Fraser! Can subdivide units.  Possible space for additional units with parking under new building.  

328 PARK AVE CAN BE SOLD SEPERATLY

Building is priced below market value!

Walking distance to bus stop. 

Minutes away from Winter Park Resort. 

Currently rented below market at $1,700 per unit monthly.

Fantastic investment opportunity in a rapidly growing resort community!

This property is part of the Riverwalk Mixed Use Overlay District.

The purpose of the Riverwalk Mixed Use Overlay District is to provide for development that fosters the creation of a high density, walkable, mixed-use neighborhood which will integrate Fraser's historic downtown with the Fraser River and generate opportunities for downtown redevelopment, affordable housing and economic revitalization.

Fraser Riverwalk Overlay District

Questions?

Call or text us today and get in touch with a local agent. 

970-726-2000

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