Commercial Sale · Active
Akron, CO 80720
$1,000,000
Multi Family
Property Type
0.74 acres
Lot Size
1984
Year Built
2106370
MLS #
About This Property
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 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. This is an opportunity to get into a higher volume muli-unit property at a price that is unheard of the Front Range, but close enough to manage from here.
4 days on market
Listed by Rebecca Holley · West and Main Homes Inc · 303-919-7017
Property Details
| Property Type | Commercial Sale |
| Sub Type | Multi Family |
| Status | Active |
| MLS # | 2106370 |
| Days on Market | 4 |
| Year Built | 1984 |
| Lot Size (Sq Ft) | 32,234 |
| Acres | 0.74 |
| Annual Taxes | $5,943 |
| State | CO |
| County | Washington |
| Roof | Composition |
| Lot Features | Corner Lot, Landscaped |
| Construction | Wood Siding |
| Sewer | Public Sewer |
| Water Source | Public |
| Special Conditions | None Known |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/30/2026 |
Listed for sale Source: REcolorado® #2106370 |
$1,000,000 +8.1% |
| 4/11/2026 |
Pending Source: REcolorado® #9427887 |
— |
| 1/30/2023 |
Listed for sale Source: REcolorado® #9427887 |
$925,000 |
Based on information submitted to the MLS GRID as of November 3, 2026 at 3:15 AM MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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