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101 Lowell Place

Fort Morgan, CO 80701
  • $2,596,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: 5322788
UPDATED: 58 min ago
$2,596,000
  • 8
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,264
    SQFT
  • $795
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by NEWMARK REAL ESTATE COMPANY.

Description

Rare Investment opportunity: 4 Four-Unit Buildings in Fort Morgan, CO: 101, 102, 109, & 110 Lowell Place Fort Morgan, CO 80701. Take advantage of this rare opportunity to invest in four income operating buildings, being sold together. Each building features 4 spacious rental units., offering a total of 16 units across all 4 buildings. With attractive amenities and consistent income potential, these buildings are a solid addition to any investment portfolio. Property Highlights: Four Buildings, each with 4 units. (2 main floor & 2 upper-level units per building). Each unit has 2 bedrooms, 1 full bath. Ample street parking and 2 storage sheds. New windows in 2008, all units had new stucco in 2009, new gutters and roof with high impact class 4 shingles in 2012, and fence in 2014. Includes 16 stoves, refrigerators, dishwashers, and hot water heaters. Each apartment has own electric meter.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Home Group | Keller Williams Avenues are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.hgdenver.com/homes/160734324
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101 Lowell Place Fort Morgan, CO 80701

  • Price: $2,596,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 58 min ago
  • ID#: 5322788
8
Beds
0
Baths
0
½ Baths
0.51
Acres
3,264
SQFT
$795
$/SQFT
1980
Built
Neighborhood:
Tomky
County:
Morgan
Area:
Fort Morgan
Elementary School:
Columbine
Middle School:
Abner S Baker
High School:
Fort Morgan
School District:
Fort Morgan Re-3
Property Description
Rare Investment opportunity: 4 Four-Unit Buildings in Fort Morgan, CO: 101, 102, 109, & 110 Lowell Place Fort Morgan, CO 80701. Take advantage of this rare opportunity to invest in four income operating buildings, being sold together. Each building features 4 spacious rental units., offering a total of 16 units across all 4 buildings. With attractive amenities and consistent income potential, these buildings are a solid addition to any investment portfolio. Property Highlights: Four Buildings, each with 4 units. (2 main floor & 2 upper-level units per building). Each unit has 2 bedrooms, 1 full bath. Ample street parking and 2 storage sheds. New windows in 2008, all units had new stucco in 2009, new gutters and roof with high impact class 4 shingles in 2012, and fence in 2014. Includes 16 stoves, refrigerators, dishwashers, and hot water heaters. Each apartment has own electric meter.
Exterior Features

Architectural Style Contemporary Attached Garage YN No Carport Spaces 0 Construction Materials BrickFrameStucco Fencing Partial Foundation Details Concrete Perimeter Lot Features Cul-De-SacLevel Lot Size Area 22186 Offstreet Spaces 16 Parking Total 16 Patio And Porch Features DeckPatio Roof Composition Rv Spaces 0 Structure Type Quadruplex

Interior Features

Above Grade Finished Area 1632 Appliances DishwasherRangeRange HoodRefrigerator Basement YN No Common Walls 2+ Common Walls Cooling None Flooring CarpetTileVinyl Heating ElectricRadiant Laundry Features In UnitLaundry Closet Levels Two

Property Features

Actual Annual Net Income 98695.00 Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Association YN No Building Area Source Public Records Comparable Listing YN No Electric 220 Volts Exclusions Tenants personal property. Gross Income 181695 Listing Terms CashConventional Living Area Sq Ft 3264 Operating Expense 83000 Operating Expense Includes AccountingAdvertisingInsuranceLegalMaintenanceProfessional ManagementReal Estate TaxUtilities Owner Pays InsuranceTaxesTrash CollectionWater Ownership Individual Possession Subject To Tenant Rights Property Attached YN Yes Property Sub Type Quadplex Restrictions Covenants YN No Road Responsibility Public Maintained Road Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2340 Tax Legal Description SUBD: TOMKY'S SUBFM DRMY BLOCK: 01 LOT: 02 Tax Year 2023 Tenant Pays Electricity Utilities Cable AvailableElectricity Connected

REcolorado logo Listing courtesy of NEWMARK REAL ESTATE COMPANY:newmark11@mindspring.com,303-428-1907. MLS #5322788


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Home Group | Keller Williams Avenues are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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REcolorado logo Offered by NEWMARK REAL ESTATE COMPANY.