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1399 Griffith Street, Georgetown, CO – $2,199,000

  • 22 Beds
  • 12 Baths
  • 8,260 Sqft
  • .57 Acres
  • 22 Beds
  • 12 Baths
  • 8,260 Sqft
  • .57 Acres

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1399 Griffith Street

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!

Listing Office: 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
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Listing information last updated on June 6th, 2020 at 1:45pm MDT.