2000 Colorado Ave Burlington, CO 80807
Estimated payment $7,881/month
Highlights
- No HOA
- No Heating
- 1-Story Property
About This Home
INVESTMENT OPPORTUNITY!! Storage Units with room for expansion. Property features a total of three expansive storage buildings (92 units) plus an additional shop building. All storage unit buildings have been constructed between 2021-2024. There is room for expansion on the extra large lots perfect for more personal storage units or RV sheds. Each storage shed is 140 x 40 and provides ample space for various storage needs that include 76 units measuring 10 x 20 and 16 units measuring 10 x 10. Also included in this property is a 3120 sq ft shop that can also be rented out, which benefits from a new roof and siding installed in 2023, making it not only functional but also visually appealing and energy-efficient. With a current annual rental income of $85,800 at full capacity, this property offers a solid return on investment. Don't miss the chance to acquire this well-maintained and strategically located storage facility. Ideal for entrepreneurs and investors looking for something in the Colorado Opportunity Zone-schedule a viewing today! Current storage unit leases and wait lists will be provided upon transfer of property. Equipped with security cameras. Remote owners might be happy to know that the property manager in place may be willing to continue with the transfer of the property, too.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,339
Year Built
- Built in 1978
Home Design
- Slab Foundation
- Metal Roof
- Metal Siding
Interior Spaces
- 19,920 Sq Ft Home
- 1-Story Property
Schools
- Burlington Elementary And Middle School
- Burlington High School
Additional Features
- 1.72 Acre Lot
- No Heating
Listing and Financial Details
- Assessor Parcel Number 33003006
Community Details
Overview
- No Home Owners Association
- 93 Units
- Burl First Subdivision
Building Details
- Gross Income $85,800
- Net Operating Income $69,461
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,369 | $36,350 | $6,192 | $30,158 |
| 2023 | $3,369 | $36,350 | $6,192 | $30,158 |
| 2022 | $1,256 | $15,303 | $4,626 | $10,677 |
| 2021 | $1,242 | $15,303 | $4,626 | $10,677 |
| 2020 | $593 | $7,403 | $3,699 | $3,704 |
| 2019 | $593 | $7,403 | $3,699 | $3,704 |
| 2018 | $579 | $7,220 | $3,699 | $3,521 |
| 2017 | $578 | $7,199 | $0 | $0 |
| 2016 | $576 | $7,199 | $0 | $0 |
| 2015 | $573 | $0 | $0 | $0 |
| 2014 | $564 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Price Changed | $1,236,000 | -9.1% | $62 / Sq Ft |
| 01/14/2025 01/14/25 | For Sale | $1,360,000 | -- | $68 / Sq Ft |
Source: IRES MLS
MLS Number: 1024588
APN: 33003006
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