1175 Grand Avenue

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1175 Grand Avenue

Norwood, CO 81423
Asking Price
$1.47M
Asset Type
Medical Office Multifamily
Class
Class B

What's Special

Exceptional mixed-use investment opportunity <p><span style="color: rgba(0, 0, 0, 1)">With a diversified mix of commercial and residential tenants, this property provides investors with immediate cash flow and long-term appreciation potential. The combination of strong occupancy history, strategic Main Street location, and continued regional growth makes this a compelling opportunity for investors seeking stable returns in Southwest Colorado. Large Building is 5,264 SQFT small house is 675 SQFT.</span></p><p></p>

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NOI
$80,000
Cap Rate
5.42%
DSCR
0.91
Underwater
Cash-on-Cash
-1.71%
Monthly Payment
$7,296.506
Annual Cash Flow
$-7,558.069

Location & Travel Times