$3,000,000
$3,000,000
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615 Riford RD Craig, CO 81625
3.8 Acres Lot
Key Details
Sold Price $3,000,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Out Of Standard Area
MLS Listing ID SS9348404
Sold Date 12/29/21
Style Traditional
Year Built 1980
Annual Tax Amount $8,897
Tax Year 2020
Lot Size 3.800 Acres
Acres 3.8
Property Description
The Ridgeview Apartments are located 45 minutes west of Steamboat Springs in Craig Colorado. and is in the prime location of Northwest Colorado Hwy 40 and 13, 1/2 way to Salt Lake City from Denver and 1/2 way between I-80 and I-70. The area is a vital bedroom community for the Steamboat and Craig workforces (Coal, oil, natural gas and of course, Tourism being so close to one of the best ski areas in the world and and is the gateway to northwest Colorado recreation. (one of the largest Elk Herds in the world) The Property was constructed in 1980 and consists of 41,296' on 3.80 acres. Seven buildings house the 47 one-, two-, & three-bedroom units. Located on the west side of Craig near trails, the hospital and Walmart Supercenter. Priced at $72.65 PPSF or $63,830 average per unit. Many improvements include the renovation of multiple units and repainting of buildings. Great location with ample parking completes this great investment property.
Multiple Listing number 6864278 is also for sale for $2.3M and is owned by the same Seller
Location
State CO
County Moffat
Area Out Of Standard Regions
Direction On the west side of Craig, approx 3/4 mile after Hwy 13 S, take frontage road on the right to Crescent Drive, Right on Riford Road. Complex will be on your right.
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available
Water Access Desc Public
Roof Type Composition
Present Use Multi-Family
Street Surface Paved
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Traditional
Others
Tax ID R006102
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Bought with SSBR No MLS