217 Applewood Ct, Brush, CO 80723
Brush · Morgan County
Key Facts
Description
TURNKEY MULTIFAMILY INVESTMENT WITH STRONG CASH FLOW!!! Yes, this prime 8-unit apartment building located directly across from the East Morgan County Hospital, one of the area's largest and most stable employers-giving consistent tenant demand. All 8 units offer 2 bedrooms, 1 bathroom, plus a full laundry room with hookups, a rare and highly desirable feature in the rental market. This property delivers excellent rents, solid occupancy, and low vacancy due to its unbeatable location. Efficient unit layouts, strong tenant appeal, and easy management make this a high-performing asset for both new and seasoned investors. Ideal for a buy-and-hold strategy, this property provides immediate income with upside potential through continued rent growth. Rare opportunity to acquire a cash-flowing 8-plex in a supply-constrained market. ** Seller is a licensed real estate broker in the State of Colorado and is acting in this transaction on Seller's own behalf.
Property Information
Property Type
Residential Income
Year Built
1999
Living Area
7,800 sq ft
Garage Spaces
16
Parking Spaces
16
Days on Market
97
MLS® Listing#
5537858
Property Features
Interior
Appliances
Heating
Parking
Construction
Roof
Sewer
Water Source
Schools
- Elementary:
- Thomson Pri/Beaver Valley
- Middle:
- Brush
- High:
- Brush
Financial Details
HOA
None
Annual Taxes
$6,180
Tax year 2024
Affordability Calculator
$170,000
Estimated monthly payment
$4,524/mo
Principal $680,000 · Est. interest $948,661 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Brush, CO
- $366,667
- Median Listing Price
- 57
- Median Days on Market
- 1,758
- Median Sq Ft
- $194
- Median Price / Sq Ft
- 67
- Active Listings
- This home’s price is 132% above the area median.
- Its price per sq ft is 44% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Brush, CO.
Location
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Points of Interest in Brush, CO
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