3076 W 71st Way - Apartments FOR SALE


Westminster, CO 80030
$6,150,000 USD
303-962-9555
3076 W 71st Way, Westminster, CO for Sale
$6,150,000 USD
Apartments - FOR SALE
1/23
null | 6.52% Cap Rate

3076 W 71st Way
Westminster, CO 80030


HIGHLIGHTS

  • 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)
  • Favorable SPD Zoning (Specific Plan District) Allows for Multiple Future Redevelopment Options
  • 1/4 Mile Walk to Westminster Light Rail Station

OVERVIEW

JUST LISTED! 36-Unit Property in Westminster, CO; 6.52% Current CAP Rate!

FOR SALE DETAILS

PRICE

$6,150,000 USD

PRICE/SF

$225 USD /SF

# OF UNITS

36

PRICE/UNIT

$170,833

CAP RATE

6.52%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grove Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

R-3

APN/PARCEL ID

1825-05-2-01-024

ASK ABOUT THIS PROPERTY

Josh NewellPinnacle Real Estate AdvisorsMore Info
303-962-9555

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Josh NewellPinnacle Real Estate AdvisorsMore Info
303-962-9555

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