928 Ocean Wave Drive, Lake City, CO

$699,000

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8

Baths

3,750

Square feet

0.50

Acres

About 928 Ocean Wave Drive

Nestled in the picturesque town of Lake City, Colorado, this apartment building offers a captivating blend of charm and convenience. Boasting 5 studio apartments, and 3 1-bedroom apartments, it presents a unique investment opportunity. Situated on a spacious .50-acre lot, there's ample room for expansion or additional development. Conveniently located with easy access from State Highway 149, the property resides in the General Business zoning district, just across from the scenic Lake Fork of the Gunnison River. Essential amenities including a grocery store, bakery, and gas station are within close proximity, while the historic downtown area of Lake City is just a short distance away. Presently, all apartments are leased on a flexible month-to-month basis, contributing to the property's stellar rental history characterized by long-term tenants. Priced competitively and primed for acquisition, seize the opportunity to explore this promising investment. Contact us today to schedule a viewing.

Listing by Murphy Real Estate

Features of 928 Ocean Wave Drive

MLS® # 812223
Price $699,000
Bathrooms 8.00
Half Baths 1
Square Footage 3,750
Acres 0.50
Year Built 1983
Type MULTIFAMILY
Sub-Type Apartment Bldg.
Style Other
Status Active

Community Information

Address 928 Ocean Wave Drive
Area Lake City
Subdivision None
City Lake City
County Hinsdale
State CO
Zip Code 81235

Amenities

Parking 1 per unit
View Mountain(s)

Interior

Appliances Range/Oven, Refrigerator
Heating Electric, Other
Fireplace No
Stories Two Story

Exterior

Roof Metal
Foundation Slab

School Information

Elementary Lake City K-12
Middle Lake City K-12
High Lake City K-12

Additional Information

Date Listed April 4th, 2024
Zoning Other
Data Source Cren MLS

Listing Details

OfficeMurphy Real Estate

Listing Map

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