4510 Everett Ct - Apartments FOR SALE


Wheat Ridge, CO 80033- Kipling
$1,495,000 USD
650-422-1035
4510 Everett Ct, Wheat Ridge, CO for Sale
$1,495,000 USD
Apartments - FOR SALE
1/33
null | 6.41% Cap Rate

4510 Everett Ct
Wheat Ridge, CO 80033
Kipling


HIGHLIGHTS

  • Two story townhome style units (4 of 6 unit completely renovated)
  • New cement walkups (2025)
  • Zero deferred maintenance, turn-key condition
  • Individually metered for gas and electric
  • Each unit has its own backyard, storage shed, and In-unit washer/dryers
  • Landscaping upgrades in both front and back yards

OVERVIEW

4510 Everett Court is in the heart of the 44th & Kipling corridor in Wheat Ridge. The property consists of six townhome-style units, four of which have been fully renovated with high quality materials in the kitchens, bathrooms, flooring, interior paint, carpet, and completely renovated bathrooms. Each townhome features a private backyard, a locked storage shed, and off-street, private parking lot behind the property. With repaved walkups to each door set up back from the street, recent exterior paint, and mailboxes, 4510 Everett Ct is a gem in a coveted, quiet pocket of Wheat Ridge. All units are spacious two-bedroom, one-and-a-half-bath townhomes of approximately 800 square feet, offering a highly desirable layout for renters. The units are individually metered for gas and electricity, allowing tenants to pay their utilities directly, while ownership only pays for water and trash. The mature landscaping and well-maintained grounds present a comforting home with strong rental appeal to prospective high-quality residents. This investment offers immediate cash flow, while still providing upside through continued renovations on the remaining two units. Overall, 4510 Everett Ct presents a fantastic opportunity to own a well-maintained, high- demand multifamily asset that offers strong in-place cash flow with additional upside through continued unit renovations, and is in a prime Wheat Ridge location.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$315 USD /SF

# OF UNITS

6

PRICE/UNIT

$249,167

CAP RATE

6.41%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Everett Pines

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

R3

APN/PARCEL ID

39-221-13-006

ASK ABOUT THIS PROPERTY

Louis PassarelloKaufman HaganMore Info
650-422-1035

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Louis PassarelloKaufman HaganMore Info
650-422-1035

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