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615 Remington St

Fort Collins CO 80524

0.21 ac.
Other
Currently for sale - view listing

Overview

Waypoint Real Estate is pleased to present 615-621 Remington Street, a 12,130 SF two-building multifamily portfolio situated on 0.37 acres within walking distance of Colorado State University and minutes from Old Town Fort Collins.The 10-unit, 100% occupied portfolio offers a unit mix of two studios (215 SF), five 3-bedroom/2-bathroom units (1,500 SF), and three 3-bedroom/1-bathroom units (1,400 SF), zoned OT-C within the Old Town corridor. Current in-place rents sit below market, presenting a clear mark-to-market opportunity through natural lease turnover, no renovation, or repositioning required. The property's proximity to CSU provides a consistent rental pool that underpins occupancy year over year, reducing vacancy risk and supporting steady NOI growth from day one.Presenting an opportunity to acquire a fully performing asset with embedded upside in one of Fort Collins' most supply-constrained rental corridors.

Features

0.21 ac. lot size
Other

Property history for 615 Remington St

2021
Sold
$2,425,000
29 Oct 2021 by Alejandro Martinez, of Hub Real Estate
2016
Sold
$2,075,000
01 Nov 2016 by Emily Heinz, of Downtown Real Estate Brokers

Happy sellers in Fort Collins

90%
90% of sellers in Fort Collins reported that their sale price either exceeded or met their price expectations.

Fort Collins stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

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Local market activity for other properties in Fort Collins

In the last 12 months, 125 other properties similar to 615 Remington St, have been sold.

This represents a 66% increase in other properties sales when compared to the previous 12 months.

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