Listing Provided By: Josh Steck with KENTWOOD REAL ESTATE DTC
Incredible investment opportunity with an assumable 3.5% loan with 8 years remaining. The property was fully renovated in 2020 and now includes washer/dryer hookups in almost all of the units. Newer roof, newer gutters, new exterior paint, and new windows. There are 28 parking spaces available to the tenants. Located in Arvada between two light rail stops at Olde Town Arvada and Arvada Ridge (see Offering Memorandum in supplements for map and financials).
- Price:
- $4,990,000
- Square Footage:
- 16,468
- Acreage:
- 0.76
- Year Built:
- 1961
- Listing ID #:
- 6350840
- Street Address:
- 5351-5361 Everett St
- City:
- Arvada
- State:
- Colorado
- Postal Code:
- 80002
- County:
- Jefferson
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Construction Description:
- Brick
- Dwelling Type:
- Low Rise
- Exterior Features:
- Balcony, Dog Run, Lighting
- Number Of Floors In Unit:
- Two
- Number Of Units:
- 22
- Patio Description:
- Balcony
- Stories:
- 2
- Style:
- Mid-Century Modern, Low Rise
- Total Building Square Footage:
- 16468
- Type Of Roof:
- Composition
- Year Built:
- 1961
- Gross Income:
- 358752
- Operating Expense:
- 78439
- Existing Land Use:
- Multi-Family
- Lot Features:
- Near Public Transit
- Lot Size:
- 0.76
- Lot Square Footage:
- 33105.6
- Road Type:
- Paved
- Association Amenities:
- Bike Storage
- Days On Market:
- 130
- Excluded:
- Tenant's Personal Property
- Originating Mls:
- Reco
- Terms:
- Cash, Conventional
- Owner Pays:
- Taxes, Trash Collection, Water
- Property Taxes:
- $21,006
- Tax Year:
- 2021
- Tenant Pays:
- Cable Tv, Electricity, Gas, Internet, Telephone
- Laundry:
- Coin-Operated
- Parking Spaces:
- 28
- Electricity:
- 110 Volts
- Existing Water:
- Public
- Sewage Type:
- Public Sewer
- Utilities:
- Electricity Connected, Natural Gas Available, Sewer Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Josh Steck with KENTWOOD REAL ESTATE DTC
