Property Description for 1-4, 415 Royal Avenue NW
Investors and Developers - Four-unit apartment building - zoned R3 Residential Multi-Unit. Sits on 4.77 Acres. The property is located on the west boundary of Diamond Valley. Development plans have been drawn for an 18-unit +55 villa complex. Informal approval of the plans has been granted by the town. The existing four-unit apartment building is fully occupied. The apt. units have been upgraded including appliances paint and flooring. Included: 4 Furnaces, 4 hot water tanks, 4 fridges, 4 stoves, 4 washers, and dryers, 3 dishwashers, window coverings.Measurements on the listings are for unit #1 only.Unit #1 has 3 bedrooms-two baths and rents for $1300.00 per month. Unit #2 has 3 bedrooms and 1 bathroom and rents for $1000.00 per month. Unit #3 has three bedrooms and 2 bathrooms and rents for $1000.00 per month. Unit #4 The loft apt. has one bedroom and one bath and rents for $800.00 per month. The land is on town water and sewer. It sits at the west end of Royal Ave and is bounded on the west by farmland within Foothills County. An undeveloped road allowance for the extension of Royal Ave. separates the two subject pieces of land. Apartment bldg. showings require a 24-hour notice (id:38686)
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