333 Custer Ave, Akron, CO 80720
Local realty services provided by:CENTURY 21 CapRock Real Estate
333 Custer Ave,Akron, CO 80720
$1,100,000
- - Beds
- - Baths
- 9,264 sq. ft.
- Multi-family
- Active
Listed by: rebecca holley
Office: west and main homes3039358787
MLS#:1069679
Source:IRES
Price summary
- Price:$1,100,000
- Price per sq. ft.:$118.74
About this home
Fairview Apartments offers an immediate, dependable cash flow opportunity for a local owner-operator or regional investor looking to build generational wealth with an asset that is as easy to run as it is rewarding to own. Situated in a warm, friendly town known for its welcoming atmosphere, safety, and strong sense of community, the property attracts long-term, conscientious tenants who take pride in where they live. Neighborhood amenities, local parks, and everyday conveniences are just minutes away, making it a place residents are proud to call home. All major capital projects and interior deferred maintenance are 100% complete-featuring brand-new exterior siding, fresh paint, clean landscaping, and updated water heaters and appliances throughout. Operations are simple and cost-efficient. Tenants pay their own electric, and every unit has been upgraded with two through-the-wall A/C units, giving residents full air conditioning-a rare competitive advantage in the local rental market. A dedicated on-site laundry room equipped with two commercial SpeedQueen washers and two dryers (all under two years old) generates an additional $3,600 in reliable annual cash flow. With five units completely renovated and three partially updated, the complex delivers steady, day-one income supported by a respectful, established tenant base. Eight classic yet clean units remain for you to update at your own pace to capture higher rents. Priced at just $68,750 per unit, the property operates at an honest 9.33% in-place cap rate ($102,600 NOI), putting roughly $36,700 in clear annual cash flow in your pocket after servicing a standard 75% bank loan....
Contact an agent
Home facts
- Year built:1984
- Subdivision & Development:Akron
- Listing ID #:1069679
- Added:23 day(s) ago
- Updated:October 23, 2026 at 02:34 PM
Rooms and interior
- Kitchen Description:Electric Range, Refrigerator
- Living area:9,264 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1984
- Building area:9,264 sq. ft.
- Lot area:0.74 Acres
- Lot Features:Curbs, Gutters, Level, Paved, Sidewalks, Street Light
- Construction Materials:Composition, Concrete, Frame
- Levels:2 Story
Schools
- High school:Akron
- Middle school:Akron
- Elementary school:Akron
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$118.74
- Tax amount:$5,943
Features and amenities
- Appliances:Electric Range, Fire Alarm, Refrigerator
New listings near 333 Custer Ave
- New
$695,000Active5 beds 3 baths4,032 sq. ft.31531 County Road 42, Akron, CO 80720
MLS# 20265206Listed by: A-Z REALTY
$150,000Active2 beds 1 baths956 sq. ft.381 Bent Ave, Akron, CO 80720
MLS# 1069166Listed by: Resident Realty
$625,000Active3 beds 2 baths3,935 sq. ft.31056 County Road 47, Akron, CO 80720
MLS# 7735939Listed by: Goodman Realty Company Inc
$184,000Active4 beds 2 baths2,511 sq. ft.90 Cedar Ave, Akron, CO 80720
MLS# 1068701Listed by: Goodman Realty Company
$220,000Active3 beds 2 baths2,280 sq. ft.301 Adams Ave, Akron, CO 80720
MLS# 1068134Listed by: eXp Realty - Northern CO
$300,000Active6 beds 3 baths2,462 sq. ft.601 Fremont Ave, Akron, CO 80720
MLS# 1067265Listed by: Colorado Land Co. LLC
$235,000Active4 beds 2 baths1,696 sq. ft.501 Delta Ave, Akron, CO 80720
MLS# 1066208Listed by: Major Rural Realty, LLC
$695,000Active5 beds 3 baths4,032 sq. ft.31531 County Road 42, Akron, CO 80720
MLS# 20263859Listed by: HOMESMART REALTY PARTNERS
$199,500Active3 beds 2 baths1,620 sq. ft.469 Fremont Ave, Akron, CO 80720
MLS# 3859979Listed by: Berkshire Hathaway Home Services, Rocky Mountain Realtors