5547 S Grant St - Apartments FOR SALE


Littleton, CO 80121
$975,000 USD
720-939-2943
5547 S Grant St, Littleton, CO for Sale
$975,000 USD
Apartments - FOR SALE
1/17
null | 6.06% Cap Rate

5547 S Grant St
Littleton, CO 80121


HIGHLIGHTS

  • Only $139,000/unit
  • Unit mix of one- and two-bedroom units
  • Littleton is a consistent rental market
  • Offered above a 6 cap on T12 financials and management
  • 100% occupied and low historical vacancy

OVERVIEW

NorthPeak Commercial Real Estate Advisors is pleased to present 5547 S. Grant Street, a fully occupied 7-unit brick multifamily property in Littleton, Colorado. Offered at $975,000 — this asset is competitively priced in one of the Denver area’s most consistent rental submarkets. Offered at just over $139,000/unit and roughly $238/ft, this building can support professional management and still yield a new investor better than a 6 cap on its current performance. Historically low vacancy has limited the Seller’s need to update units and push rents. But an opportunistic investor will immediately identify potential in this property. Great bones, solid structure, and consistent cash flow. 5547 S Grant is a great opportunity for the next investor looking to grow their multifamily portfolio in Littleton.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$238 USD /SF

# OF UNITS

7

PRICE/UNIT

$139,286

CAP RATE

6.06%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scott's Dale Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

-

APN/PARCEL ID

2077-15-4-04-006

ASK ABOUT THIS PROPERTY

Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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