Description
Investment property is in the heart of DJ Basin with strong oil and gas activity - over 47 acres, fully leased to multiple companies. All 10 lots have been fully graveled, fenced and have automatic gate operators, some with canvas buildings which an inexpensive way to get tenant space in and out of the weather and avoid the high construction costs that currently exist. Property is currently fully leased and returns a Cap rate of 11.5%.
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0BEDS
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47.35ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Investment property is in the heart of DJ Basin with strong oil and gas activity - over 47 acres, fully leased to multiple companies. All 10 lots have been fully graveled, fenced and have automatic gate operators, some with canvas buildings which an inexpensive way to get tenant space in and out of the weather and avoid the high construction costs that currently exist. Property is currently fully leased and returns a Cap rate of 11.5%.
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