5551 S Delaware St - Apartments FOR SALE


Littleton, CO 80120
$1,299,000 USD
303-903-9638
5551 S Delaware St, Littleton, CO for Sale
$1,299,000 USD
Apartments - FOR SALE
1/15
null | 6.3% Cap Rate

5551 S Delaware St
Littleton, CO 80120


OVERVIEW

5551 S Delaware is a 6 unit apartment building built in 1960 and completely renovated in 2025. Recent improvements include major systems such as roof and electrical as well as interior finishes and in unit laundry. The unit mix is (2) 1Bed/1Bath and (4) 2Bed/1Bath units. All units are separately metered for gas/electric with tenants paying direct. In addition, the property has been xeriscaped to reduce maintenance and cost. The property sits in a high growth pocket with new development finishing up directly across the street. For the right investor, this is an opportunity to buy a well located property in great condition that will continue to improve over time.

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$304 USD /SF

# OF UNITS

6

PRICE/UNIT

$216,500

CAP RATE

6.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,193 SF

ZONING

-

APN/PARCEL ID

2077-15-3-03-012

ASK ABOUT THIS PROPERTY

Jack ShermanNorthPeak Commercial AdvisorsMore Info
303-903-9638

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Jack ShermanNorthPeak Commercial AdvisorsMore Info
303-903-9638

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