$2,000,000

1820 Foggy Brook Dr Fort Collins, CO 80528

Estimated payment $12,264/month

Total Views 3,316
9 Beds
7 Baths
6,001 Sq Ft
$333 Price per Sq Ft

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Wood Flooring
  • Werner Elementary School Rated A-
  • Cathedral Ceiling
  • Loft

About This Home

Prime Investment Opportunity: Portfolio Sale of 3 Fully-Rented, Turnkey Build-to-Rent Properties. Don't miss out on this exceptional opportunity to acquire three fully-occupied, high-demand investment properties, each in pristine condition and ready for new ownership. These homes are newer builds, ensuring minimal maintenance and providing you with the peace of mind of modern construction and low upkeep for years to come. Each property has custom upgrades with high-quality finishes, including new light fixtures, water fixtures, hardware, and countertops, offering both style and durability. The front and back yards have been thoughtfully landscaped and feature sprinkler systems and fencing, further enhancing the properties' appeal and ease of maintenance. With stable, reliable tenants already in place, these homes are an ideal turnkey investment, allowing you to step into a profitable portfolio with no work required. Whether you're looking to grow your real estate portfolio or secure steady rental income, these properties are positioned to deliver consistent returns with minimal hassle.

Listing Agent

Luke Angerhofer

Prestigio Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,787

Year Built

  • Built in 2021

Lot Details

  • 0.36 Acre Lot
  • South Facing Home
  • Fenced
  • Sprinkler System

HOA Fees

  • $141 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 6,001 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Loft
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet
  • 7 Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Werner Elementary School
  • Preston Middle School
  • Fossil Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R1674137

Community Details

Overview

  • Association fees include management
  • 3 Units
  • The Reserve At Timberline Subdivision

Building Details

  • Gross Income $105,240
  • Net Operating Income $87,793

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,787

Year Built

Built in 2021

Lot Details

0

HOA Fees

$141 per month

Listing Details

  • Year Built: 2021
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.36
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: The Reserve at Timberline
  • Architectural Style: Contemporary/Modern, Ranch
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Legal Conforming
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Microwave
  • Has Basement: None
  • Total Bedrooms: 9
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Walk-In Closet(s), Loft, Kitchen Island
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Vinyl Siding
  • Direction Faces: South
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, City of FTC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: District Water, FTC/LVLD Water
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Senior Community: No
  • Association Fee: 141
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Werner
  • HighSchool: Fossil Ridge
  • Junior High Dist: Poudre
  • Middle Or Junior School: Preston

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 15750
  • Parcel #: R1674137
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Association Fees, HVAC Maintenance

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11786.9

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 105240
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 17446.53

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,976 $46,391 $12,094 $34,297
2024 $3,976 $46,391 $12,094 $34,297
2022 $1,295 $13,428 $9,063 $4,365
2021 $6 $10 $10 $0
2020 $6 $10 $10 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 For Sale $2,000,000 +203.0% $333 / Sq Ft
06/28/2022 06/28/22 Off Market $659,990 -- --
03/29/2022 03/29/22 Sold $659,990 0.0% $348 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $659,990 -- $348 / Sq Ft
Source: IRES MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $659,990 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $494,993 New Conventional
Source: Public Records

Source: IRES MLS

MLS Number: 1027502

IRES MLS

APN: 86071-40-011