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807 Legion St, Craig, CO 81625

Craig
Local realty services provided by:CENTURY 21 Cornerstone
807 Legion St,Craig, CO 81625
$3,575,000
  • 60 Beds
  • 40 Baths
  • 28,800 sq. ft.
  • Multi-family
  • Active
Listed by: charles burkhart
Office: marcus & millichap real estate investment services of atlanta, inc.303-328-2000
MLS#:9681597
Source:IRES

Price summary

  • Price:$3,575,000
  • Price per sq. ft.:$124.13

About this home

Marcus & Millichap is pleased to present Highland Green Apartments, a multifamily investment opportunity located in Craig, Colorado. Highland Green Apartments offers investors the opportunity to acquire a high-yielding asset with strong in-place cash flow and additional upside through continued operational efficiencies and organic rent growth. The property is currently projected at a 7.97% cap rate with upside to an 8.93% Year 1 cap rate alongside an estimated 13% cash-on-cash return on day one. Positioned in a supply-constrained market, Highland Green Apartments benefits from growing demand for attainable housing throughout Northwest Colorado as renters continue seeking affordable alternatives to nearby resort-driven markets such as Steamboat Springs. Limited new multifamily development, rising replacement costs, and increasing barriers to homeownership continue to support long-term apartment fundamentals throughout the region. The property also features individually metered...

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Home facts

  • Year built:1976
  • Listing ID #:9681597
  • Added:61 day(s) ago
  • Updated:July 30, 2026 at 05:26 AM

Rooms and interior

  • Bedrooms:60
  • Total bathrooms:40
  • Living area:28,800 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1976
  • Building area:28,800 sq. ft.
  • Construction Materials:Frame
  • Levels:One

Schools

  • High school:Moffat County
  • Middle school:Craig
  • Elementary school:Sandrock

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,575,000
  • Price per sq. ft.:$124.13
  • Tax amount:$10,434

Parking

  • Garage spaces:40
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