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Brush, CO 80723 217 Applewood Ct

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Presented By: ;
  • MLS# 1051193
  • 02/09/2026
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  • Beds • 16
  • Baths • 8
  • SQFT • 7,800

Home Details

TURNKEY MULTIFAMILY INVESTMENT WITH STRONG CASH FLOW!!! Yes, this prime 8-unit apartment building located directly across from the East Morgan County Hospital, one of the area's largest and most stable employers-giving consistent tenant demand. All 8 units offer 2 bedrooms, 1 bathroom, plus a full laundry room with hookups, a rare and highly desirable feature in the rental market. This property delivers excellent rents, solid occupancy, and low vacancy due to its unbeatable location. Efficient unit layouts, strong tenant appeal, and easy management make this a high-performing asset for both new and seasoned investors. Ideal for a buy-and-hold strategy, this property provides immediate income with upside potential through continued rent growth. Rare opportunity to acquire a cash-flowing 8-plex in a supply-constrained market. ** Seller is a licensed real estate broker in the State of Colorado and is acting in this transaction on Seller's own behalf.
Presented By: ;

Interior Features for 217 Applewood Ct

Other Interior Features

LivingAreaSourceAssessor
BasementNone
Fireplace FeaturesNone
Interior AmenitiesEat-in Kitchen, Open Floorplan, Kitchen Island

General for 217 Applewood Ct

AppliancesGas Range, Dishwasher, Refrigerator
AttributionContact3035582301
Cap Rate4.99
CityBrush
Construction MaterialsFrame
CountyMorgan
DisclosuresNone
Elementary SchoolThomson
ExclusionsTenant's personal property
Expected Active Date 2026-02-09
Gross Income49875.03
HOANo
HeatingRadiant
High SchoolBrush
High School DistrictBrush RE 2J
Lease Amount FrequencyExisting Rental License
LevelsTwo
MLS AreaMorgan
Middle/Junior High SchoolBrush
Net Operating Income43695.03
New ConstructionNo
Number Of Units Total8
Operating Expense6180
Parcel Number123104210001
Possible UseMulti-Family
Property SubtypeMulti Family
Property TypeResidential Income
RoofOther
Standard StatusActive
StatusActive
Subdivision NameBrush
Tax Annual Amount6180
Tax Year2024
Tenant PaysElectricity
Unit219
UtilitiesNatural Gas Available, Electricity Available, High Speed Avail
Year Built1999
ZoningRESIDENTIA

Exterior for 217 Applewood Ct

Irrigation Water Rights Y/NNo
Lot Size Acres0.33
Lot Size Area14224
Road Frontage TypeCounty Maintained
Total Parking16
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Brush Middle School
Elementary School Thomson Elementary School
High School Brush High School

Nathan Washam

Broker/Owner
Price $875,000
MLS#1051193
List Date 02/09/2026
Property Type Income
Phone 970.988.8295
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