807 Legion Street, Craig, CO 81625

Craig
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
807 Legion Street,Craig, CO 81625
$3,575,000
  • 60 Beds
  • 40 Baths
  • 28,800 sq. ft.
  • Multi-family
  • Active
Listed by: charles burkhart
Office: marcus & millichap real estate investment services of atlanta, inc.
MLS#:9681597
Source:ML

Price summary

  • Price:$3,575,000
  • Price per sq. ft.:$124.13

About this home

Marcus & Millichap is pleased to present Highland Green Apartments, a multifamily investment opportunity located in Craig, Colorado. Highland Green Apartments offers investors the opportunity to acquire a high-yielding asset with strong in-place cash flow and additional upside through continued operational efficiencies and organic rent growth. The property is currently projected at a 7.97% cap rate with upside to an 8.93% Year 1 cap rate alongside an estimated 13% cash-on-cash return on day one. Positioned in a supply-constrained market, Highland Green Apartments benefits from growing demand for attainable housing throughout Northwest Colorado as renters continue seeking affordable alternatives to nearby resort-driven markets such as Steamboat Springs. Limited new multifamily development, rising replacement costs, and increasing barriers to homeownership continue to support long-term apartment fundamentals throughout the region. The property also features individually metered...

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Home facts

  • Year built:1976
  • Listing ID #:9681597

Rooms and interior

  • Bedrooms:60
  • Total bathrooms:40
  • Living area:28,800 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1976
  • Building area:28,800 sq. ft.
  • Construction Materials:Frame
  • Levels:1 Story

Schools

  • High school:Moffat County
  • Middle school:Craig
  • Elementary school:Sandrock

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,575,000
  • Price per sq. ft.:$124.13
  • Tax amount:$10,434 (2025)

Parking

  • Total parking spaces:40
MLS LogoBased on information submitted to the MLS GRID as of June 5, 2026 02:24 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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