129 WELLINGTON ST

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129 WELLINGTON ST

FOUNTAIN, CO 80817
Asking Price
$790K
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Rare 6-Unit Turnkey Investment Opportunity in Fountain CO <p><span style="color: rgba(0, 0, 255, 1)">129 Wellington Street presents a compelling opportunity to acquire a fully stabilized six-unit multifamily asset in the growing community of Fountain, Colorado. Constructed in 1986 and totaling approximately 4,242 square feet, the property consists entirely of desirable 2-bedroom, 1-bathroom units, catering to a broad tenant base seeking attainable workforce housing with functional layouts. The asset has undergone significant capital improvements, inclu

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NOI
$80,000
Cap Rate
10.13%
DSCR
1.71
Strong
Cash-on-Cash
13.97%
Monthly Payment
$3,908.489
Annual Cash Flow
$33,098.132

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