The Georgetown (45 minutes from Denver & skiing) rental market is tight - the building has been 100% occupied since completed in early 2018. Clear Creek County commissioned a Housing Needs Assessment in 2018 which said "The vacancy rate for rental units in Clear Creek County is effectively zero". 1399 Griffith was mentioned on multiple occasions in the document as this is the first new apartment to be built in Georgetown in many years. Rents may be low given the high demand for housing. All living areas within the apartments are low maintenance, hard surface vinyl plank with the exception of the carpeted bedrooms. The exterior is factory color infused Hardieplank concrete siding. Each unit is separately metered (separate units down the road and sell as condos?) and has it's own washer / dryer hook-up. 8 storage spaces were recently added (tenants pay $25 a month for this storage). The building was built with long term maintenance in mind. High demand and low maintenance - a rare find!
Off market
$2,789,400
1399 Griffith St, Georgetown, CO 80444
22beds
12baths
8,260sqft
MultiFamily
Built in 2017
-- sqft lot
$2,789,400 Zestimate®
$338/sqft
$2,789 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 12
Heating
- Forced air, Gas
Cooling
- None
Features
- Pantry, Eating Space / Kitchen, Internet Access (Wired), Smoke Free
- Flooring: Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 8,260 sqft
Property
Features
- Exterior features: Cement / Concrete
- Has view: Yes
- View description: Mountain
Lot
- Size: 0.57 Acres
- Features: Historical District, Near Ski Area
Details
- Parcel number: 195908409006
- Zoning: MULTI
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Mountain Contemporary
Materials
- Roof: Metal
Condition
- Year built: 2017
Details
- Builder model: 5+ Plex (all units)
Utilities & green energy
- Utilities for property: Cable Available, Internet Access (Wired)
Community & neighborhood
Location
- Region: Georgetown
Other
Other facts
- Roof: Metal, Membrane
- Flooring: Carpet, Plank Vinyl
- Heating: Forced Air, Gas
- Utilities: Cable Available, Internet Access (Wired)
- NumberOfUnitsTotal: 2
- Zoning: MULTI
- InteriorFeatures: Pantry, Eating Space / Kitchen, Internet Access (Wired), Smoke Free
- ConstructionMaterials: Cement Siding
- OpenParkingSpaces: 20
- View: Mountain(s)
- ExteriorFeatures: Utility Shed
- NumberOfUnitsVacant: 0
- LotFeatures: Historical District, Near Ski Area
- StructureType: Multi-Story
- UnitsFurnished: 0
- BuilderModel: 5+ Plex (all units)
- ArchitecturalStyle: Mountain Contemporary
- MlsStatus: Active
- CoListAgentEmail: SAKONSELLA@ASSIST2SELL.COM
- CoListAgentFullName: Susan Konsella
- GrossIncome: 156775
- GrossScheduledIncome: 160800
- NetOperatingIncome: 126615