217 Applewood Ct, Brush, CO 80723
Brush · Morgan County
Key Facts
Description
TURNKEY MULTIFAMILY INVESTMENT WITH STRONG CASH FLOW!!! Yes, this prime 8-unit apartment building located directly across from the East Morgan County Hospital, one of the area's largest and most stable employers-giving consistent tenant demand. All 8 units offer 2 bedrooms, 1 bathroom, plus a full laundry room with hookups, a rare and highly desirable feature in the rental market. This property delivers excellent rents, solid occupancy, and low vacancy due to its unbeatable location. Efficient unit layouts, strong tenant appeal, and easy management make this a high-performing asset for both new and seasoned investors. Ideal for a buy-and-hold strategy, this property provides immediate income with upside potential through continued rent growth. Rare opportunity to acquire a cash-flowing 8-plex in a supply-constrained market. ** Seller is a licensed real estate broker in the State of Colorado and is acting in this transaction on Seller's own behalf.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1999
Lot Size
0.33 acres
Parking Spaces
16
Zoning
RESIDENTIA
Days on Market
130
MLS® Listing#
1051193
Property Features
Interior
Appliances
Heating
Fireplace
Basement
Construction
Roof
Utilities
Water Source
Schools
- Elementary:
- Thomson
- Middle:
- Brush
- High:
- Brush
Financial Details
HOA
None
Annual Taxes
$6,180
Tax year 2024
Parcel Number
123104210001
Affordability Calculator
$170,000
Estimated monthly payment
$4,524/mo
Principal $680,000 · Est. interest $948,661 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Brush, CO
- $366,667
- Median Listing Price
- 58
- Median Days on Market
- 1,758
- Median Sq Ft
- $194
- Median Price / Sq Ft
- 67
- Active Listings
- This home’s price is 132% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Brush, CO.
Location
Getting Around
Points of Interest in Brush, CO
Showing the Brush area map.
Nearby Schools
Beaver Valley Elementary School
Elementary · 0.4 mi away
Brush Middle School
Secondary · 0.8 mi away
Brush High School
Secondary · 0.8 mi away
Thomson Primary School
Elementary · 1.0 mi away
Brush Middle School
Elementary · 1.8 mi away
Riverview Christian School
School · 3.0 mi away
Presbyterian Preschool
School · 7.1 mi away
Green Acres Elementary School
Elementary · 7.4 mi away
Fort Morgan High School
Secondary · 7.5 mi away
Baker Elementary School
Elementary · 7.6 mi away
Pioneer Elementary School
Elementary · 7.7 mi away
Lighthouse Sda Christian School
School · 8.0 mi away
Lincoln High School
Secondary · 8.3 mi away
Morgan County School District Re-3
School · 8.4 mi away
Columbine Elementary School
Elementary · 8.5 mi away
Boces
Elementary · 8.5 mi away
Trinity Lutheran School
School · 8.8 mi away
Weldon Valley School
Secondary · 17.9 mi away
Merino Elementary School
Elementary · 22.1 mi away
Wiggins Pre-School
School · 22.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| Brush, CO | $699,000 | — | — | — |
| Brush, CO | $699,000 | — | — | — |
| 19349 County Road 25 #1, Brush, CO | $699,900 | 6 | 4 | 5,444 |
| 19349 County Road 25 #1, Brush, CO | $699,900 | 6 | 4 | 5,444 |
| 901 Industrial Park Road, Brush, CO | $799,000 | — | — | 58,986 |
| 901 Industrial Park Rd, Brush, CO | $799,000 | — | — | 58,986 |
