10165 W 59th Ave - Apartments FOR SALE


Arvada, CO 80004- Allendale Area
$2,710,000 USD
303-210-1623
10165 W 59th Ave, Arvada, CO for Sale
$2,710,000 USD
Apartments - FOR SALE
1/14
null | 6.2% Cap Rate

10165 W 59th Ave
Arvada, CO 80004
Allendale Area


HIGHLIGHTS

  • All 2-bedroom units
  • Pitched roofs
  • Previously renovated
  • Well-located

OVERVIEW

10165 W. 59th Avenue is a well-maintained multifamily asset in one of Arvada’s most sought-after neighborhoods. The property features 16 spacious two-bedroom units and ample parking. Largely renovated several years ago, the property benefits from modern upgrades and has maintained its overall appeal. Located in a prime part of Arvada, 10165 W. 59th Avenue is minutes from Olde Town Arvada, major transportation corridors, and a wide variety of retail, dining, and recreation options. Strong neighborhood fundamentals, combined with steady tenant demand for quality two-bedroom units, support this as a solid asset for any future investor.

FOR SALE DETAILS

PRICE

$2,710,000 USD

PRICE/SF

$203 USD /SF

# OF UNITS

16

PRICE/UNIT

$169,375

CAP RATE

6.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Avenue 59 Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,212 SF

ZONING

R-M, Arvada

APN/PARCEL ID

39-094-04-006

ASK ABOUT THIS PROPERTY

Matthew LewallenNorthPeak Commercial AdvisorsMore Info
303-210-1623

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Matthew LewallenNorthPeak Commercial AdvisorsMore Info
303-210-1623

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.