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280 E Washington Ave
Hayden, CO 81639

$3,075,000 USD

Apartments For Sale  •  7,068 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,068 SF
  • Lot Size 0.47 AC
  • Building Class C
  • Year Built 2018
  • Cap Rate 6.51 %
  • Zoning Commercial
0 Transit Score
33 Walk Score

Highlights

Historically, the property has maintained exceptional occupancy, with combined rent and vacancy loss of less than 1%.
Turn key investment with immediate cash flow and meaningful upside in rental income.
New EPDM rubber roofing system installed in 2025, offering long term durability and low maintenance.
Existing property management can remain in place, allowing a new owner to benefit from established systems.
Separately deeded units with tenants paying utilities
Hayden is rapidly evolving into a primary commercial and residential center serving Steamboat Springs

Financial Summary (Proforma)

Net Operating Income: $200,048 USD (2026)
Cap Rate: 6.51 %
Total Expenses: $45,058 USD

Amenities

  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Tub/Shower
  • Island Kitchen
  • Loft Layout
  • Patio
  • Vinyl Flooring

Public Transportation

AirportDriveWalkDistance
Yampa Valley 5 min - 2.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 24
Type: SurfaceTandem
Included in Rent: Yes
Greg Breslau 970-819-4366 The Group Real Estate
Greg Breslau 970-819-4366 The Group Real Estate