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$6,150,000
Est. payment /mo
27,938 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 27,938 sqft
Price per Sqft $220
MLS Listing ID 1568776
HOA Y/N No
Year Built 1962
Annual Tax Amount $38,663
Tax Year 2024
Lot Size 1.050 Acres
Acres 1.05
Property Sub-Type Multi Family
Source recolorado
Property Description
Property Features
• 6.52% Current CAP Rate!!
• Priced Well Below Comparable Properties at Just $170k/Unit
• All 2Bd/1Ba Units on Large, 1 Acre Lot
• Short Walk to Major Planned Developments: Northgate Center (Directly Across Street) and Sherman
Redevelopment (1/4 Mile South)
• Short, 1/4 Mile Walk to Westminster Light Rail Station
• Favorable SPD Zoning (Specific Plan District) Allows for Multiple Future Redevelopment Options
• Proforma Rents Already Being Achieved & Surpassed
• Individually Metered for Gas and Electric
• Low Maintenance, Brick Buildings with Pitched Roofs
• Front and Rear Entrances
• Quick Access to US Hwy 36, Downtown Denver, Interlocken and Boulder
• 6.52% Current CAP Rate!!
• Priced Well Below Comparable Properties at Just $170k/Unit
• All 2Bd/1Ba Units on Large, 1 Acre Lot
• Short Walk to Major Planned Developments: Northgate Center (Directly Across Street) and Sherman
Redevelopment (1/4 Mile South)
• Short, 1/4 Mile Walk to Westminster Light Rail Station
• Favorable SPD Zoning (Specific Plan District) Allows for Multiple Future Redevelopment Options
• Proforma Rents Already Being Achieved & Surpassed
• Individually Metered for Gas and Electric
• Low Maintenance, Brick Buildings with Pitched Roofs
• Front and Rear Entrances
• Quick Access to US Hwy 36, Downtown Denver, Interlocken and Boulder
Location
State CO
County Adams
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Phone Available, Phone Connected, Sewer Connected
Roof Type Composition
Total Parking Spaces 42
Garage No
Building
Lot Description Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Frame
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
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