Apartment homes at Black Mountain Ranch Apartments were built to condo quality finishes and quality. Units include slate entryways, high-efficiency HVAC systems, gas fireplaces, wiring for surround sound, oak hardwood floors, washer/dryer hookups, walk-in closets, private balconies facing Black Mountain and the Arapaho National Forest, six-panel doors, pine trim, dimmer switches, ceiling fans, gas ranges, dishwashers and granite countertops. In addition, the top floor units have vaulted ceilings. The asset is located on 1.99 acres with P-D or Planned Development zoning. This zoning code would allow the construction of additional units on the site or using part of the property for a short-term rental (STR) use. This gives a lot of flexibility moving forward and can increase the current cash flow substantially.
Courtesy of CBRE, Inc.
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