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Fort Morgan, CO 80701 323 Circle Dr

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  • MLS# 8895760
  • 11/07/2025
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  • Beds • 8
  • Baths • 8
  • SQFT • 3,840
  • Garage • 8

Home Details

Rare Investment Opportunity: Four-Unit Building in Fort Morgan, CO Address: * 323 Circle Drive, Fort Morgan, CO 80701 * Take advantage of this rare opportunity to invest in an income-generating building. Purchase building and live in one of the units (subject to existing tenant rights), and rent out the other units to help pay the mortgage. With attractive amenities and consistent income potential, this building is a solid addition to any investment portfolio. Property Highlights: * 4 units (2 main floor & 2 upper-level units). * Modern open floor plans with plenty of natural light. * Central air conditioning and newer vinyl windows in each unit. * Each unit boasts a full bath with a tiled shower and a master bedroom with a half bath. * Skylights in upper units and hallways for additional brightness. * Walk-out balconies for second-floor units and concrete patios for main-floor units. * Additional income from on-site coin-operated laundry machines. * 2 reserved parking spots per unit. Included in Sale: * (4) Ranges * (4) Refrigerators * (2) Coin-operated washing machines * (2) Coin-operated dryers This well-maintained property is perfect for investors looking to add a reliable, income-producing asset in a thriving community. Don't miss out on this exceptional opportunity!
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Interior Features for 323 Circle Dr

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths8

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area3840
BasementSlab

General for 323 Circle Dr

AccessibilityLevel Lot
AppliancesRefrigerator, Fire Alarm
AttributionContactdarrel@newcreekreco.com, 303-428-1907
CityFort Morgan
Community FeaturesCommunity Laundry
Construction MaterialsFrame, Brick, Vinyl Siding
CoolingCentral Air
CountyMorgan
Elementary SchoolPioneer
ExclusionsTenants personal property
Expected Active Date 2025-11-07
Garage Spaces8
Gross Income53400
HOANo
HeatingForced Air
High SchoolFort Morgan
High School DistrictFort Morgan RE-3
LevelsTwo
Living Area3840
MLS AreaMorgan
Middle/Junior High SchoolFort Morgan
Net Operating Income36162
New ConstructionNo
Number Of Units Total4
Operating Expense17238
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameLandmark & Triment
Tax Annual Amount3375
Tax Year2024
Tenant PaysGas, Electricity
UtilitiesNatural Gas Available, Electricity Available
Year Built2000

Exterior for 323 Circle Dr

Building Area Total3840
Exterior AmenitiesSprinkler System, Balcony
Lot FeaturesLevel, House Faces East
Lot Size Acres0.19
Lot Size Area8185
Total Parking8
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Fort Morgan Middle School
High School Fort Morgan High School
Elementary School Pioneer Elementary School

Nathan Washam

Broker/Owner
Price $699,000
MLS#8895760
List Date 11/07/2025
Property Type Income
Phone 970.988.8295
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