1701 Warren Avenue, Longmont, CO 80501

Property Description

Located in the heart of Longmont, one of Colorado's most desirable secondary markets. The property sits within walking distance of parks, a golf course, fitness, coffee, Longmont High School, and everyday retail, offering residents exceptional convenience and access to the amenities that drive sustained renter demand. The asset consists of six oversized units — five two-bedroom / one-bath at approximately 830 square feet and one one-bedroom / one-bath at approximately 700 square feet. Residents benefit from six carports with additional storage, off-street parking allocated at two spaces per unit, and large private balconies on four of the six units. Well maintained by long-term tenants, the property operates as a stable, well-run community. The most compelling element of this asset is the clear, near-term value-add strategy embedded in the current rent roll — several units sit well below market, giving an incoming investor an immediate path to meaningfully grow NOI as rents are brought to market.