1629 Azalea Drive, Fort Collins, CO 80526

$1,050,000
12
BD
5
BA
3,952
SqFt

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Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. . charles.burkhart@marcusmillichap.com,214-336-6064

List Price
$1,050,000
Type
Multifamily
Property Sub Type
Quadruplex
Status
ACTIVE
MLS Number
6362149
Bedrooms
12
Bathrooms
5
Sqft Total
3,952
Neighborhood
ELLIOTT MILLER FOOTHILLS WEST
Year Built
1969

Property Description

Marcus & Millichap is pleased to present 1629 Azalea Drive, a fully renovated multifamily asset located in one of Fort Collins’ most desirable residential corridors. Situated just minutes from the renowned Horsetooth Reservoir, the property benefits from immediate access to some of Northern Colorado’s most sought-after outdoor recreation amenities, including boating, hiking, mountain biking, and open space trails. The asset features an attractive unit mix comprised entirely of spacious three -bedroom units, a highly desirable layout that appeals to families, roommates, and long-term residents seeking larger living accommodations. Current ownership has completed extensive renovations throughout the property, creating a turnkey investment opportunity with limited near -term capital requirements. In addition to its renovated condition, investors are presented with a compelling value -add opportunity through the continued growth of rental rates toward market levels. Combining a premium Fort Collins location, large three -bedroom floorplans, modernized interiors, and operational upside, 1629 Azalea Drive offers investors the opportunity to acquire a high-quality asset positioned for both stable cash flow and future income growth

Additional Information

Lot Size Acres
0.23
Lot Size Sq Ft
10,018
Tax Amount
$6,272
Tax Year
2025
Sewer
Public Sewer
Heating
Baseboard
Cooling
Other
School District
Poudre R-1
Elementary School
Bauder
Middle Or Junior School
Blevins
High School
Rocky Mountain
Parking Total Searchable
8

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