Rare Investment opportunity: 4 Four-Unit Buildings in Fort Morgan, CO: 101, 102, 109, & 110 Lowell Place Fort Morgan, CO 80701. Take advantage of this rare opportunity to invest in four income operating buildings, being sold together. Each building features 4 spacious rental units., offering a total of 16 units across all 4 buildings. With attractive amenities and consistent income potential, these buildings are a solid addition to any investment portfolio. Property Highlights: Four Buildings, each with 4 units. (2 main floor & 2 upper-level units per building). Each unit has 2 bedrooms, 1 full bath. Ample street parking and 2 storage sheds. New windows in 2008, all units had new stucco in 2009, new gutters and roof with high impact class 4 shingles in 2012, and fence in 2014. Includes 16 stoves, refrigerators, dishwashers, and hot water heaters. Each apartment has own electric meter.
For sale
$2,596,000
101 Lowell Place, Fort Morgan, CO 80701
8beds
4baths
3,264sqft
Est.:
Quadruplex
Built in 1980
-- sqft lot
$2,581,300 Zestimate®
$795/sqft
$-- HOA
What's special
Own electric meterNew stuccoNew guttersAmple street parkingNew windows
- 64 days
- on Zillow |
- 149 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: April 16, 2025 at 10:21am
Listed by:
Darrel Aragon 303-428-1907 newmark11@mindspring.com,
Newmark Real Estate Company
Source: REcolorado,MLS#: 5322788

Travel times
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Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric, Radiant
Cooling
- None
Appliances
- Included: Dishwasher, Range, Range Hood, Refrigerator
- Laundry: In Unit, Laundry Closet
Features
- Flooring: Carpet, Tile, Vinyl
- Has basement: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,264
- Total interior livable area: 3,264 sqft
- Finished area above ground: 1,632
Property
Parking
- Total spaces: 16
- Details: Off Street Spaces: 16
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Fencing: Partial
Lot
- Size: 0.51 Acres
- Features: Cul-De-Sac, Level
Details
- Parcel number: 122712101002
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick, Frame, Stucco
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1980
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Subdivision: Tomky
HOA
- Has HOA: No
Location
- Region: Fort Morgan
Financial & listing details
- Price per square foot: $795/sqft
- Annual tax amount: $2,340
- Date on market: 2/21/2025
- Listing terms: Cash,Conventional
- Exclusions: Tenants Personal Property.
- Ownership: Individual
- Tenant pays: Electricity
- Electric utility on property: Yes
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