Longmont Property Management
What you need to know about Longmont property management and real estate investing
Pros and Cons of Owning Longmont Investment Real Estate
Longmont is a Northern Colorado community that benefits greatly from being close to Boulder. Longmont attracts residents from Boulder and those
individuals looking for Boulder property management.
Rental rates have increased substantially over the past several years in Longmont. An investor is able to purchase older housing stock, or
newer housing depending on their preference.
Longmont still has room to grow which is a good sign for the long term prospects of investing in the area. The city amenities are excellent
and the local school system is improving.
Pros
- Diverse real estate products
- Close location to Boulder
- Excellent community amenities
Cons
- Lots of new multi-family class-A construction may be sign of overbuilding
- CAP rate (investment rate of return) is lower than some other areas
Overall Longmont Real Estate Investment Rating
B
Longmont Investment Rental Property Fast Facts:
Average Longmont Home Price: $343,600
Real estate appreciation over past 12 months: Up 11.4%
Average Longmont Household Income: $60,218
Percentage of Longmont homes that are rental properties: 38%
Longmont Resident Median Age: 37
Poverty Level: 15%
Median Longmont Housing Rental Rates +
Longmont Rental Trend Summary+
Boulder County Rent Trends By Bedroom+
Top 5 Longmont property management companies – listed alphabetically
Integrity Property Management
Grace Property Management
Longmont Property Group
Phoenix Realty & Property Management
PML Inc.
Inquire About Our Services
303-255-1990
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