66516 Ogden Road

Montrose, CO 81401

$3,500,000
Price
—
Beds
9
Baths
7,600 Sq. Ft.
$461 / Sq. Ft.
7,600
Sq. Ft.
$461
per Sq. Ft.

Description

Welcome to your next investment opportunity nestled in the heart of Western Colorado's enchanting landscapes. This eight-unit condo building offers a unique blend of charm and potential for savvy investors seeking both short and long-term rental income streams. With a mix of two cozy 1-bedroom units and six spacious 2-bedroom units, this property caters to a diverse range of tenants, from couples seeking a romantic getaway to families yearning for an adventure-filled retreat. Each unit is thoughtfully...Welcome to your next investment opportunity nestled in the heart of Western Colorado's enchanting landscapes. This eight-unit condo building offers a unique blend of charm and potential for savvy investors seeking both short and long-term rental income streams. With a mix of two cozy 1-bedroom units and six spacious 2-bedroom units, this property caters to a diverse range of tenants, from couples seeking a romantic getaway to families yearning for an adventure-filled retreat. Each unit is thoughtfully designed to maximize comfort and functionality, ensuring a delightful living experience for tenants and exceptional returns for investors. Strategically located near Western Colorado's premier tourism sites, this property presents an unrivaled opportunity to capitalize on the region's booming travel industry. Outdoor enthusiasts will be drawn to the proximity of world-class skiing, hiking, hunting, and fishing areas, making this an ideal destination for year-round exploration and adventure. Whether you're looking to diversify your investment portfolio or capitalize on the burgeoning tourism market, this condo building promises both financial rewards and a chance to immerse yourself in the breathtaking beauty of Western Colorado. Don't miss out on this rare opportunity to own a piece of paradise in one of the country's most sought-after destinations. Schedule your viewing today and unlock the potential of this remarkable investment gem!
  1. Listed by Don Martin • Moore Integrity Real Estate

Property Details for 66516 Ogden Road

Water Front
No
Zoning
Residential Multi Family
Views
Mountains
Subdv Name
Other

Location

Listing Courtesy of Moore Integrity Real Estate, Don Martin
Add your commute
LISTING UPDATED: 04/18/2024 08:33 AM

Property Details for 66516 Ogden Road

StatusActive
MLS #812277
Days on Market28
Taxes$1,000 / year
HOA Fees$1,600
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTIFAMILY / Other
Year Built2024
Lot Size0.25 AC / 10,890 SF
CountyMontrose County

Location

Listing Courtesy of Moore Integrity Real Estate, Don Martin
Add your commute

Building Information for 66516 Ogden Road

Stories-Residences8Year Built2024Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$20,784 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,101

Property Taxes

$83

HOA Dues

$1,600

The Payment Calculator is for illustrative purposes only.

Property Information for 66516 Ogden Road

Summary
Location and General Information
  • Directions: From S Townsend, left on Ogden Rd headed east. Property on the right.
Owner
  • Owner Name: Valley Ranch Montrose, LLC
Parking
  • Carport Y/N: No
  • Garage Type: Other
  • Garage Capacity: 10
  • Garage Y/N: Yes
School Information
  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8
  • High School: Montrose 9-12
Taxes and HOA Information
  • HOA/Metro Fees: 1600
  • HOA/Metro Fees Frequency: Monthly
  • HOA Name: Farm at Valley Ranch HOA
  • HOA Y/N: Yes
  • HOA Dues Y/N: Yes
  • HOA Transfer Fees Y/N: Yes
  • Tax Year: 2024
  • Total Taxes $: 1000
Property
Property and Assessments
  • FIPS Code: 08085
  • Legal/Lot Block: Lot 4 of the Yocum Subdivision
  • New Construction: To Be Constructed, Design/Build Package
  • Photo Count: 29
  • New Construction Y/N: Yes
  • Construction Completed?: No
  • Estimated Completion Date: 06-01-2025
  • Covenants Y/N: YES
  • Board Name: Delta
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Parcel ID #: 3.99302208002E11
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
  • Green Energy Generation: Solar(Photovoltaic)
Utilities
  • Fireplace Type/Location: Living Room
  • Domestic Water/Sewer: City Water, City Sewer
  • Water Well: No
Multi Family
Multi-Family Information
  • # of Units: 8
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 9.00
  • Dining: Kitchen/Dining
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Florring: Tile, Laminate
  • Foundation/ Basement: Slab
  • Cooling: Other
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
Exterior Features
  • Horse Setup: No
  • Roof: Metal
  • Exterior Inclusions: Patio, Covered Deck
  • Siding: Metal

Property History for 66516 Ogden Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 66516 Ogden Road

Taxable ValueLand$390Additions-Total$390
Tax Record2023$27 ($2 / month)
Home Facts
Total Finished SqFt1,212 SqFtAbove Grade Finished SqFt1,212 SqFtStories1Lot Size83,679 SqFtStyleFarmsYear Built1915CountyMONTROSEAPN3993-031-06-012

Schools near 66516 Ogden Road

This home is within Montrose County Re-1j School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Cottonwood Elementary School
PublicK to 5

Centennial Middle School
Public6 to 8

Montrose High School
Public9 to 12

Vista Charter School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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66516 Ogden Road is a multi-family home for sale in Montrose, CO 81401. This property was listed for sale on April 5, 2024 by Moore Integrity Real Estate, it's currently listed at $3,500,000. It has been on the market for a total of 28 days and was last sold on July 6, 2021. This listing's school district is Montrose County Re-1j School District. Nearby schools include Cottonwood Elementary School, Centennial Middle School and Montrose High School. 66516 Ogden Road is a 0-bed, 9-bath, 7,600 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Moore Integrity Real Estate, Don Martin

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.