27902 Meadow Drive Evergreen, CO $ 5,200,000
27902 Meadow Drive
$ 5,200,000
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27902 Meadow Drive

Evergreen, CO, 80439
$ 5,200,000
Baths0.0 Sq 10,930

Monthly Estimate*

$ 34,561

Listed by Pinnacle Real Estate Advisors
27902 Meadow Drive, Evergreen, CO 80439 - Image 1
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27902 Meadow Drive, Evergreen, CO 80439 - Image 12
Studio

Commercial Property for sale in Evergreen, CO

for $5,200,000. This 10,930 square foot building was built in 1973 on a lot size of 0.85.

All renovations were recently completed including comprehensive, high-end interior finishes + many exterior upgrades including new roof, paint, parking lot, electrical, HVAC & fire suppression system. This true, turn-key investment opportunity has pro forma rents are already being achieved. The private balconies offer incredible mountain views that overlook downtown Evergreen with minimal rental competition. Excellent neighborhood demographics while being walking distance to Evergreen Lake.

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Commercial Active

Price

$ 5,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 13,696

Style

Low Rise (1-3)

Lot Size

0.85

Year Built

1973

Town/City

Evergreen

County/Region

Jefferson

MLS | Web ID

4837040

Features
General
Sewer Public Sewer
Roof Architecural Shingle
Garage Spaces 0
Construction Materials Wood Siding
Exclusions Tenant Possessions
Year Built 1973
Property SubType Multi-Family
Tax Year 2023
Current Use Multi-Family
Gross Income 385776
County Jefferson
Operating Expense 91486
Property Type Commercial Sale
Attached Garage N
Building Features Laundry
Status Active
City Evergreen
Buyer Agent Compensation 1.75
NumberOfUnitsTotal 26
Lot Size Units Acres
Lot Size Square Feet 37026
Carport Spaces 0
Street Name Meadow
Listing Terms Cash Conventional
Tax Annual Amount 13696
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Type Tenant (Multiple)
Cap Rate 5.66
Buyer Agent Compensation Type %
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Exterior
Parking Features Asphalt
Total Parking 39
Lot Size Area 0.85
Building Area Total 10930
Lot Size Acres 0.85
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Interior
Street Suffix Drive
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Internal Only
Street Number 1 27902
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* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

(303) 962-9567

Phone

Affordability Calculator

$35,702
Per Month
97%
3%
0%
Monthly Principal & Interest
$34,561
Monthly Property Taxes
$1,141
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2024$5,200,000 Listed Price

Map


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27902 Meadow Drive, Evergreen, CO, 80439 is a Commercial Property for sale at $5,200,000 with 10,930 sqft and a lot size of 0.85. 27902 Meadow Drive is a studio with 0.0 baths and was built in 1973. The property's zip code is 80439 which is in Evergreen, CO