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Sold on 09/13/2021

2903 State Farm Rd, Evans, CO 80620

  • $1,091,000

    Last sold 09/13/2021 for $1.39M

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    bed

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    bath

Multi-family not for sale
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About 2903 State Farm Rd

Property type Multi-family
Year built 1971
HOA fee $0/month
Lot size 0.59 Acre
Movoto estimate
Rental estimate
Property description
GREAT INVESTMENT OPORTUNITY CLOSE TO UNC CAMPUS! 12 unit investment property. Great long term rental history. The 2 buildings share an open community space between them. Each unit has an electric range/oven, refrigerator, microwave, and dishwasher. There is a coin operated laundry room on site. Included is a two car garage, one half is a heated office.
Listed by
Listing Agent - Sarah Smith
Listing Agent Contact: 9702828585
Listing Office - Resident Realty
Source: IRESMLS mls logo
MLS#945207 • last updated 9 months ago
Movoto checked IRESMLS for data 5 minutes ago
Overview
Heating Radiant
Levels/Style Raised Ranch
MLS # 945207
Type Residential Income
Status Sold
Lot Size (Acres) 0.59
Annual Tax 6158
Interior
Basement None
Window Features Window Coverings
Exterior
Roof Composition
Construction Frame, Brick
Exterior Features Sprinkler System, Balcony
Lot Features Corner Lot, Deciduous Trees, Level, Mineral Rights Excluded
Other Structures Storage
Fencing Partial
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available
Sewer/ Septic Public Sewer
Water Source City
Appliances No Units Furnished, Electric Range
Location
County Weld
Subdivision Lakeshore 3 Add
Middle School Prairie Heights
High School District Greeley 6
APN R3877486
Multifamily Details
Tenant Pays Electricity
Total # of Units 12
Cap Rate 5.12
Operating Expense 32478
Gross Income 103950
Lot/ Land Details
Road Frontage City Street
Road Surface Asphalt
$1.09M
Range: $730K-$1.45M
Last 30 days 
Rental est.: $1,670/month
Gross rent multiplier: 69.6
  • Sep 2021
    Public Records
  • Sep 14, 2021 Sold
    $1,395,000
  • Sep 2021
    mls logo MLS # 945207
  • Sep 13, 2021 Sold
    $1,395,000
  • Jul 8, 2021 Listed
    $1,395,000 (+64.0%)
  • Jun 2017
    mls logo MLS # 814337
  • Jun 2, 2017 Sold
    $850,500 (-4.2%)
  • Mar 20, 2017 Listed
    $888,000
  • 2903 State Farm Rd
    $1.39M
  • —
  • 80620
    $370K -7% y/y
  • Evans
    $370K -7% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CO
  • Weld County
  • Evans
  • 80620
  • 2903 State Farm Rd
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