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$6,675,000
Est. payment /mo
0.99 Acres Lot
UPDATED:
11/07/2024 07:40 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5877635
HOA Y/N No
Originating Board recolorado
Year Built 1957
Annual Tax Amount $36,834
Tax Year 2023
Lot Size 0.990 Acres
Acres 0.99
Property Description
• 24/26 Units are 3 Bedroom Units
• 6.51% Current CAP Rate & 7.81% Proforma CAP Rate!
• Pro Forma Rents Already Being Achieved
• Recent Capital Improvements Include Newer: Roof, Gutters, Concrete Replacement and Several Newer Furnaces & Hot Water Heaters
• Huge Private Patios & Balconies
• Just 1.5 Miles From Olde Town Arvada & Light Rail Station
• Quick Access to Downtown and Mountains Via I-70
• Near Major Retail Centers/Jobs Including: Home Depot, Starbucks, Lowes & Costco
• 6.51% Current CAP Rate & 7.81% Proforma CAP Rate!
• Pro Forma Rents Already Being Achieved
• Recent Capital Improvements Include Newer: Roof, Gutters, Concrete Replacement and Several Newer Furnaces & Hot Water Heaters
• Huge Private Patios & Balconies
• Just 1.5 Miles From Olde Town Arvada & Light Rail Station
• Quick Access to Downtown and Mountains Via I-70
• Near Major Retail Centers/Jobs Including: Home Depot, Starbucks, Lowes & Costco
Location
State CO
County Jefferson
Interior
Fireplace N
Exterior
Parking Features Concrete
Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Phone Available, Phone Connected, Sewer Connected
Roof Type Composition
Total Parking Spaces 36
Garage No
Building
Lot Description Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Pinnacle Real Estate Advisors • NEWELLTEAM@PINNACLEREA.COM,303-962-9559
