37.30023 -107.8413

1760 CR 240 Durango, CO 81301

320197530 37.30023 -107.8413 2099 /listing/320197530-150013326/1760-cr-240-durango-co-81301 False 0 3500000.0 8980 105 9 796530 False
  • $3,500,000
  • 9 full ba
  • 8,980 sqft
  • Est payment $18788.76/mo

Property & Neighborhood Info

Courtesy Of Jason McMillen, Coldwell Banker Distinctive Properties

Multi-Family in Durango

1760 Florida Road is a rare investment opportunity to own all 10 condos in the 1760 Condominium Development. 1760 Florida Road is a 10 condo complex on .45 acre lot. Each Condo is a 2 bed, 1 bath, 2 story, 898 sf unit. The 10 condos have a low vacancy rate, and the property is well maintained by an attentive and active owner/landlord. All are currently leased, not all leases reflect current market value. There is no HOA, as all ten units and the general common element property are held by the same owner. Could be a great 1031 exchange or alternative investment to bonds. Durango has a strong residential rental market, which should allow new owner the opportunity to increase net operating income. Units could be sold individually as well. All ten condos, general common element property, have their own tax accounts, parcel numbers, and legal descriptions. Taxes represented are a total of all properties. Tenants pay Electric and Gas. Owner pays Water/Sewer/Trash.

Courtesy Of Jason McMillen, Coldwell Banker Distinctive Properties
  1. 9 Full Bath
  2. 8,980 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 1986
  • Full Bath: 9
  • School District: Riverview K-5
  • School District2: Miller 6-8
  • School District3: Durango 9-12
  • County: La Plata
  • Taxes: $4,087.00
  • Tax Year: 2022
  • Units: 10
  • MLS Number:796530

Additional Features

  • Multi Story:
    • Yes
  • REO Property:
    • No
  • Sale Or Rent:
    • For Sale
  • Short Sale:
    • No
  • Special Assessments:
    • No
  • Total Acres:
    • 0.45
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Perry Hotz
Perry Hotz
160 West Main Street Cedaredge CO 81413
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37.30023 -107.8413

1760 CR 240 Durango, CO 81301

320197530 37.30023 -107.8413 2099 /listing/320197530-150013326/1760-cr-240-durango-co-81301 False 0 3500000.0 8980 105 9 796530 False
  • $3,500,000
  • 9 full ba
  • 8,980 sqft
  • Est payment $18788.76/mo