1399 Griffith Street, Georgetown

$2,199,000

22 Beds
12 Baths
8,260 Sqft
.57 Acres
0 Garages

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!

Status: Active

Metrolist Services Inc (Colorado) Logo Premier Choice Realty, LLC.

Essential Information
MLS® #5264917
Price$2,199,000
Bedrooms22
Bathrooms12.00
Square Footage8,260
Acres0.57
Year Built2017
TypeCommercial Sale
Sub-TypeMulti Family
StyleContemporary/Modern
StatusActive
Community Information
Address1399 Griffith Street
SubdivisionGeorgetown
CityGeorgetown
CountyClear Creek
StateCO
Zip Code80444
Amenities
UtilitiesCable Available
ParkingOff Street
ViewMountain(s)
Interior
InteriorCarpet, Vinyl
HeatingForced Air, Natural Gas
CoolingNone
StoriesMulti/Split
Appliances

Dishwasher, Disposal, Microwave, Oven, Refrigerator

Exterior
RoofMembrane, Metal
ConstructionCement Siding, Frame, Concrete
School Information
DistrictClear Creek RE-1
ElementaryGeorgetown Community School
MiddleClear Creek
HighClear Creek
Additional Information
Date ListedAugust 30th, 2019
Days on Market173
ZoningMulti
Listing Details
Metrolist Services Inc (Colorado) LogoPremier Choice Realty, LLC
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Listing information last updated on June 6th, 2020 at 2:30am MDT.