Sold
20310 US HWY 160 W
Durango CO, 81303
$6,500,000
$224.04 per sqft
Sold
29,013 sqft
Multi-family
Built in 2008
Lightner Creek Village Apartments is a desired investment opportunity in Durango, the heart of Southwest Colorado. The offering compromises of two well maintained buildings built in 2008, one is a 35-unit apartment building and the other consists of 12 garages and 15 storage units, all of which is located close to downtown Durango. The location provides easy access to schools, work, shopping and Fort Lewis College. The apartment building is equipped with efficient forced air heating, air conditioning and washer and dryers in each unit. The Property is located on 5.969 acres with open space/hillside to the south. The apartments have large windows which add nice natural light to the living spaces and even further, each unit has a walk-out deck allowing for outdoor enjoyment. The units are individually metered for gas and electric making it easy for the Landlord to avoid absorbing utility expenses. The multi-story apartment building is serviced by an elevator and stairwells and secure access to deliver tenants with additional security. The units and common spaces have gone through a recent interior update and are an attractive product for the Durango rental market.
779325
MLSⓇ ID
March 4, 2021
Listed
March 5, 2024
Updated
Map
20310 US HWY 160 W
Durango CO, 81303
Interior Features
Total Stories
3
Appliances
Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
Floor Description
Carpet, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
5.7 Acres
Lot Features
Adjacent To Public Land
Architectual Style
Garden Apartment
Roof
Architectural, Shingle
Sewer
Public Sewer
School Information
High School
Durango 9-12
Elementary School
Park K-5
Other Property Details
Area Name
Durango In Town
Taxes
$17,184
Tax Frequency
Annually
Days on Market
110
Garage
Yes
Garage Spaces
12
Parking
Detached, Garage, Off Street, Parking Space(s)
Parking Total
60
View
No
County
La Plata
Water Source
Public
Pool
No
Courtesy of The Wells Group of Durango, Inc. with
Listing Contact: 970-317-1095
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Data last updated on: 3/5/2024