Contacts

Thrive Commercial Partners

Thrive Commercial Partners
Property Details
- Property Type Multi-Family
- Property Size 16,942 SF
- Units 44
- Lot Size 1.86 Acre
- Cap Rate % 8.71
- Date Updated Apr 22, 2025
Looking for a hassle-free investment opportunity in multi-family? Look no further than this gem in Florence, CO. Boasting 44 units, this property stands as a beacon of stability where workforce housing is in high demand, evidenced by its impressive 100% occupancy rate and waiting list. Priced at an attractive 8% CAP, this investment promises solid returns from the get-go. With the convenience of onsite property management, maintenance, and cleaning services, the operations run seamlessly, ensuring peace of mind for investors. Impeccably maintained, this property offers immediate cash flow, fulfilling every investor's dream. Additionally, the inclusion of approximately 1 acre of usable land presents exciting possibilities for expansion, whether through the addition of tiny homes or similar housing options. Seize the opportunity to turn your investment dreams into reality!
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Florence, CO
- Zip Code 81226
- Market Denver
Points of Interest
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Royal Gorge Route Railroad
8.20 miles
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Exxon
0.78 miles
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Love's
5.53 miles
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Conoco
7.07 miles
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City Market Fuel Center
7.92 miles
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GASMAT
7.94 miles
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Western Convenience Store
7.95 miles
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Loaf 'N Jug
8.07 miles
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FCI Florence
1.21 miles
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USP Florence High
1.26 miles
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ADX
1.77 miles
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Mackenzie Trailhead
4.67 miles
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Raynolds/Ash Trailhead
6.60 miles
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Sells Avenue Trailhead
7.52 miles
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Eagle Wing Trailhead
8.62 miles
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Newlin Creek Trailhead
8.80 miles
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Super 8
0.01 miles
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Riviera Motel
0.80 miles
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Lark Landing B&B
2.11 miles
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Desert Reef Hot Spring
3.38 miles
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Holiday Inn Express & Suites Canon City
6.14 miles
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Best Western Canon City
6.20 miles
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Hampton Inn & Suites
6.36 miles
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Quality Inn & Suites
6.69 miles
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Travel Inn Motel
6.81 miles
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Travel Inn
6.82 miles
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Big D Superfoods
0.78 miles
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Walmart Supercenter
6.59 miles
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City Market
7.88 miles
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Natural Grocers
7.91 miles
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Safeway
7.93 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.