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323 Circle Drive

Fort Morgan, CO 80701
  • $1,398,000
  • STATUS: Active
  • ON SITE: 66 Days
  • ID#: 7637025
UPDATED: 76 min ago
$1,398,000
  • 8
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,840
    SQFT
  • $364
    $/SQFT
Type:
Multi-Family
Built:
2000
County:
Area:

School Information

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

Description

Rare Investment Opportunity: Two Four-Unit Buildings in Fort Morgan, CO Addresses: 323 Circle Drive, Fort Morgan, CO 80701 325 Circle Drive, Fort Morgan, CO 80701 Take advantage of this rare opportunity to invest in two income-generating buildings, being sold together. Each building features 4 spacious rental units, offering a total of 8 units across both properties. With attractive amenities and consistent income potential, these buildings are a solid addition to any investment portfolio. Property Highlights: Two buildings, each with 4 units (2 main floor & 2 upper-level units per building). Modern open floor plans with plenty of natural light. Central air conditioning and newer vinyl windows in each unit. Each unit boasts a full bath with a tiled shower and a master bedroom with a half bath. Skylights in upper units and hallways for additional brightness. Walk-out balconies for second-floor units and concrete patios for main-floor units. Additional income from on-site coin-operated laundry machines. 2 reserved parking spots per unit. Included in Sale: (8) Ranges (8) Refrigerators (4) Coin-operated washing machines (4) Coin-operated dryers This well-maintained property is perfect for investors looking to add a reliable, income-producing asset in a thriving community. Don't miss out on this exceptional opportunity!

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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/160731718
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323 Circle Drive Fort Morgan, CO 80701

  • Price: $1,398,000
  • Status: Active
  • On Site: 66 Days
  • Updated: 76 min ago
  • ID#: 7637025
8
Beds
0
Baths
0
½ Baths
0.19
Acres
3,840
SQFT
$364
$/SQFT
2000
Built
Neighborhood:
Landmark & Trimen Minor Sub Plat Lot
County:
Morgan
Area:
Fort Morgan
Elementary School:
Pioneer
Middle School:
Fort Morgan
High School:
Fort Morgan
School District:
Fort Morgan Re-3
Property Description
Rare Investment Opportunity: Two Four-Unit Buildings in Fort Morgan, CO Addresses: 323 Circle Drive, Fort Morgan, CO 80701 325 Circle Drive, Fort Morgan, CO 80701 Take advantage of this rare opportunity to invest in two income-generating buildings, being sold together. Each building features 4 spacious rental units, offering a total of 8 units across both properties. With attractive amenities and consistent income potential, these buildings are a solid addition to any investment portfolio. Property Highlights: Two buildings, each with 4 units (2 main floor & 2 upper-level units per building). Modern open floor plans with plenty of natural light. Central air conditioning and newer vinyl windows in each unit. Each unit boasts a full bath with a tiled shower and a master bedroom with a half bath. Skylights in upper units and hallways for additional brightness. Walk-out balconies for second-floor units and concrete patios for main-floor units. Additional income from on-site coin-operated laundry machines. 2 reserved parking spots per unit. Included in Sale: (8) Ranges (8) Refrigerators (4) Coin-operated washing machines (4) Coin-operated dryers This well-maintained property is perfect for investors looking to add a reliable, income-producing asset in a thriving community. Don't miss out on this exceptional opportunity!
Exterior Features

Architectural Style Contemporary Attached Garage YN No Carport Spaces 0 Construction Materials FrameVinyl Siding Exterior Features Balcony Fencing None Foundation Details Slab Lot Features LevelSprinklers In Front Lot Size Area 8185 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 3840 Appliances RangeRange HoodRefrigerator Basement YN No Common Walls 2+ Common Walls Cooling Central Air Flooring LinoleumVinyl Heating Forced AirNatural Gas Laundry Features Common Area Levels Two

Property Features

Actual Annual Net Income 59809.00 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 Direction Faces East Electric 220 Volts Exclusions Tenants personal property. Gross Income 107000 Listing Terms CashConventional Living Area Sq Ft 3840 Operating Expense 46121 Operating Expense Includes AccountingAdvertisingInsuranceLegalMaintenanceProfessional ManagementReal Estate TaxUtilities Owner Pays Exterior MaintenanceGrounds CareInsuranceTaxesTrash CollectionWater Ownership Individual Property Attached YN Yes Property Sub Type Quadplex Restrictions Covenants YN No Road Responsibility Public Maintained Road Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3422 Tax Legal Description SUBD: LANDMARK & TRIMEN MINOR SUB PLATFM LOT: C Tax Year 2023 Tenant Pays ElectricityGas Utilities Cable AvailableElectricity ConnectedNatural Gas Connected Water Source Public

REcolorado logo Listing courtesy of NEWMARK REAL ESTATE COMPANY:newmark11@mindspring.com,303-428-1907. MLS #7637025


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.