4629 Otis St - Multi-Family FOR SALE


Wheat Ridge, CO 80033- Barths
$2,800,000 USD
303-547-7357
4629 Otis St, Wheat Ridge, CO for Sale
$2,800,000 USD
Multi-Family - FOR SALE
1/24
null | 5.71% Cap Rate

4629 Otis St
Wheat Ridge, CO 80033
Barths


HIGHLIGHTS

  • Fully Renovated Property
  • No Anticipated Cap Ex - Very Well Maintained
  • Newer Roofs
  • Updated Mechanical Systems
  • Opportunity to Improve Rents Through Further Cosmetic Renovations
  • Quiet Wheat Ridge Neighborhood

OVERVIEW

4629-4653 Otis Street is a 13-unit property located in a quiet residential pocket of Wheat Ridge. The property attracts great long-term tenants because of their quality, upkeep, location, and affordability. 4629-4653 Otis presents a compelling opportunity for investors seeking stable, long-term returns in a growing market that displays year-over-year growth with high barriers to entry for continued development.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$285 USD /SF

# OF UNITS

13

PRICE/UNIT

$215,385

CAP RATE

5.71%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,610 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brandon KaufmanKaufman HaganMore Info
303-547-7357

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Brandon KaufmanKaufman HaganMore Info
303-547-7357

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