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708-724 Cedar Creek Ave
Montrose, CO 81401

$1,950,000 USD

Apartments For Sale • 8,700 SF

Property Details

Property Type Apartments
Total Building Size 8,700 SF
Lot Size 0.33 AC
Building Class C
Year Built 2023
Cap Rate 7.37 %
Zoning R-4 High Density

0 Transit Score

30 Walk Score

                
                    Highlights
                
                                Opportunity Zone

Property Flyers

Offering Memorandum Cedar Creek

Financial Summary (Actual)

Net Operating Income: $144,928 USD (2025)

Cap Rate:	7.37 %
Total Expenses:	$39,068 USD

Amenities

24 Hour Access
Balcony
Dishwasher
Washer/Dryer
Pet Play Area
Kitchen
Granite Countertops
Refrigerator
Sprinkler System
Range
Tub/Shower
Yard
Patio

Public Transportation

Airport	Drive	Walk	Distance
Montrose Regional	11 min	-	4.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	SurfaceTandem
Included in Rent:	Yes

Garret Smith 970-985-9815 Color Red Development

708-724 Cedar Creek Ave Montrose, CO 81401