NOT LISTED FOR SALE

11101 County Road Jj Manzanola, CO 81058

99 Beds
51 Baths
24,624 Sq Ft
3.2 Acres

Last Sold November 18, 2022

Last sale price $725,000 $29 Per Sq Ft

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Handicap Accessible
  • No HOA
  • Double Pane Windows
  • Baseboard Heating

About This Home

As of November 2022

Here is a great opportunity to own this 50 unit apartment building that is broken into three separate buildings According to the Otero County Assessor, the South building consists of 10,848 sq ft with 22 apartments; the West building has 6,888 sq ft with 14 apartments; and the North building also has approximately 6,888 sq ft with 14 apartments, plus an additional space with a laundry facility, office and attached garage space for supplies, tools and maintenance items. The apartments are currently designated for farm labor housing with only 15 units occupied. A new owner will be able to lease the property to all users, not just farm labor which should allow these apartments to increase in occupancy rate. Most all the apartments have an adjoining door to the neighboring apartment for families who need a larger apartment. Two of the units are designated as handicap units with showers instead of tubs. There are four play ground areas and paved parking within the complex. Call today and see how you can take advantage of this great opportunity. The current lease program will terminate once the property is sold.

Last Agent to Sell the Property

Tom Brann

Norm Murphy & Associates License #EA001148115 Listed on: 02/16/2021

Last Buyer's Agent

Tom Brann

Norm Murphy & Associates License #EA001148115 Listed on: 02/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,133

Year Built

  • Built in 1966

Lot Details

  • 3.2 Acre Lot
  • Aluminum or Metal Fence
  • Irregular Lot
  • Property is in good condition

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Side-by-Side
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Copper Plumbing
  • Block And Beam Construction
  • Stucco

Interior Spaces

  • 24,624 Sq Ft Home
  • Double Pane Windows
  • Vinyl Clad Windows
  • Fire and Smoke Detector
  • Gas Range
  • Washer

Bedrooms and Bathrooms

  • 99 Bedrooms
  • 51 Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Ground Level

Listing and Financial Details

  • Exclusions: Any personal property belonging to the current Tenants
  • Total Actual Rent $9,036
  • The owner pays for grounds care, electricity, repairs, gas, water, sewer

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 50 Units
  • Manzanola Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,133

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Directions: From Hwy 50 turn North on N. Park Street, cross over the railroad tracks and then turn West on CR LL ( CR 811 or WN Railroad Street).go approximately a half mile to the property. For Google directions you may have to use 11101 CR LL & WN Railroad Street, Manzanola, CO
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Lot Size Acres: 3.2
  • Road Surface Type: Paved
  • Subdivision Name: Manzanola
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Side by Side, Three Buildings
  • Year Built: 1966
  • NAV29_Unit_1_Level: M
  • NAV29_Unit_2_Level: M
  • NAV29_Unit_3_Level: M
  • NAV29_Unit_4_Level: M
  • NAV29_Unit_5_Level: M
  • NAV29_Unit_6_Level: M
  • NAV29_Unit_7_Level: M
  • NAV29_Unit_8_Level: M
  • NAV29_Water_Heater: Electric
  • NAV29_Energy_Rating: None
  • NAV29_Sep_Gas_Meters: No
  • NAV29_Sep_Wtr_Meters: No
  • NAV29_Sep_Elec_Meters: Yes
  • NAV29_Unit_1_Condition: Good
  • NAV29_Unit_2_Condition: Good
  • NAV29_Unit_3_Condition: Good
  • NAV29_Unit_4_Condition: Good
  • NAV29_Unit_5_Condition: Good
  • NAV29_Unit_6_Condition: Good
  • NAV29_Unit_7_Condition: Good
  • NAV29_Unit_8_Condition: Good
  • NAV29_Unit_1_Appliances: Yes
  • NAV29_Unit_2_Appliances: Yes
  • NAV29_Unit_3_Appliances: Yes
  • NAV29_Unit_4_Appliances: Yes
  • NAV29_Unit_5_Appliances: Yes
  • NAV29_Unit_6_Appliances: Yes
  • NAV29_Unit_7_Appliances: Yes
  • NAV29_Unit_8_Appliances: Yes
  • NAV29_rets_property_type: Residential Income
  • Special Features: None

Interior Features

  • Appliances: Gas Range-Some, Dryer-Some, Refrigerator-Some, Washer-Some
  • Has Basement: None
  • Number Of Buildings: 3
  • Private Spa: No
  • Owner Pays: Grounds Care, Electricity, Repairs, Gas, Water, Sewer
  • Accessibility Features: Handicap Access
  • Total Bedrooms: 99
  • Fireplace Features: None
  • Fireplace: No
  • Window Features: Vinyl, Double Pane Windows

Exterior Features

  • Exclusions: Any personal property belonging to the current Tenants
  • Roof: Composition
  • Fencing: Metal Fence-Front, Metal Fence-Rear
  • Lot Features: Irregular Lot
  • Disclosures: 0
  • Construction Type: Frame, Stucco, Block, Copper Plumbing
  • Foundation Details: Slab
  • Patio And Porch Features: None, Other-See Remarks

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Parking Features: 1 Car Garage Attached, On Site
  • Total Parking Spaces: 1
  • NAV29_Unit_1_Garage: none
  • NAV29_Unit_2_Garage: none
  • NAV29_Unit_3_Garage: none
  • NAV29_Unit_4_Garage: none
  • NAV29_Unit_5_Garage: none
  • NAV29_Unit_6_Garage: none
  • NAV29_Unit_7_Garage: none
  • NAV29_Unit_8_Garage: none

Utilities

  • Cooling: None
  • Heating: Natural Gas, Baseboard, Hot Water
  • Electric: BlackHills
  • Sewer: Public Sewer
  • Laundry Features: Laundry Available On Site, Common Area
  • Security: Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public
  • Gas Company: BlackHill

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: Manz

Lot Info

  • Zoning: R-2
  • Lot Size Sq Ft: 139392
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month to Month

Multi Family

  • Number Of Units Total: 50
  • Total Actual Rent: 9036
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2133.26

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $725,000 -8.8% $29 / Sq Ft
02/16/2021 02/16/21 For Sale $795,000 +521.6% $32 / Sq Ft
01/13/2012 01/13/12 Sold $127,900 -5.3% $62 / Sq Ft
09/14/2011 09/14/11 Pending -- -- --
09/14/2011 09/14/11 For Sale $135,000 -- $66 / Sq Ft
Source: Pueblo Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pueblo Association of REALTORS®

MLS Number: 191876

Pueblo Association of REALTORS®