8770-8780 Galen Ct - Apartments FOR SALE


Thornton, CO 80229
$5,750,000 USD
303-962-9555
8770-8780 Galen Ct, Thornton, CO for Sale
$5,750,000 USD
Apartments - FOR SALE
1/29
null | 6.73% Cap Rate

8770-8780 Galen Ct
Thornton, CO 80229


HIGHLIGHTS

  • Many Recent Capital Improvements Including Newer: Exterior Stairs/Stringers, Walkways, Windows, Boiler, Sliders, Electrical Panels and Balcony Decking
  • Immediate Rental Upside
  • Excellent Mix of Studios, 1Bd, 2Bd and 3Bd Units
  • Few Rental Options in Immediate Neighborhood
  • Priced Well Below Comparable Properties
  • Less than One Mile to Light Rail Station

OVERVIEW

JUST LISTED! 41 Units in Denver; Only $140k/Unit

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$187 USD /SF

# OF UNITS

41

PRICE/UNIT

$140,244

CAP RATE

6.73%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rio Platte Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1973

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

R-IC, County

APN/PARCEL ID

1719-26-1-06-001

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.