1047 S 3rd Montrose CO Real Estate

Fantastic turn-key business opportunity! This completely remodeled and furnished tri-plex is conveniently situated for traveling business professionals to land during their brief tenure in the community or long term tenants. Completely updated to minimize operating costs, these units have a 100% occupancy history. The interior living spaces are warm and inviting, while the common area yard and patio provide relaxing venues to enjoy outdoor eating, relaxing, or gathering. This rare opportunity provides a seamless transition into a new real estate business venture! Current asking price and operation yields over a 7% net cap rate. Just a block from the hospital and downtown. less than 3 blocks to Colorado Mesa University campus.

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