Fully Leased Montrose Office Building Sold For $750,000

John Renfrow with Renfrow Realty in Montrose, CO announced the sale of a fully leased office building, located at 102 Par Place in Montrose for $750,000. Purchaser was Evergreen Properties, LLC. Sellers were Dan and Jean Pointdexter of Montrose.
John Renfrow of Renfrow Realty in Montrose, agent for the property said, “This 9,600 sq. ft. building is fully leased to Montrose NCRS – Natural Recourses Conservation Service, FSA (Farmer) Service Agency and CSU Colorado State Extension Office and was custom built for for their offices. The building is located in a prime area just east of downtown Montrose, has easy highway access and a large, paved parking area. The sale was part of a 1031 Exchange.”
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