8803 Circle Dr - Apartments FOR SALE


Westminster, CO 80031- East Westminster
$925,000 USD
720-351-0558
8803 Circle Dr, Westminster, CO for Sale
$925,000 USD
Apartments - FOR SALE
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8803 Circle Dr
Westminster, CO 80031
East Westminster


OVERVIEW

Unit Breakdown: • 6 units in total: • 2 x 1-bedroom, 1-bath units • 4 x 2-bedroom, 1-bath units • Each unit has its own exterior entrance and an off-street parking space. Construction: • Built in 1962 • Constructed of brick • Amenities: • Kitchens with stove, refrigerator, and dishwashers in 2-bedroom units only • A mix of vinyl flooring, tile, and carpeting • On-site laundry facilities • Sprinkler system • Tankless hot water heater • Boiler replaced in 2024 • Unit 2 was recently Mitigated (March 2025) due to water intrusion Parking: • Parking off street for tenants. Occupancy • The property is fully occupied, with leases expiring in March 2026. Condition & Potential: • The property is being sold as-is. • Some improvements and maintenance may be needed, but with proper updates, rents could be increased. • Location & Market Conditions: • Situated in a growing area of Westminster, benefiting from continued net migration and large companies moving in. • Close proximity to schools, public transportation, highway access, and other amenities. This property offers a solid investment opportunity, particularly if you're interested in improving the units and increasing rental income. The location is prime, given the growth in Westminster and the area's ongoing development.

FOR SALE DETAILS

PRICE

$925,000 USD

# OF UNITS

6

PRICE/UNIT

$154,167

CAP RATE

5.69%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8803 Circle Drive Apartment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Janet EssexHomeSmartMore Info
720-351-0558

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Janet EssexHomeSmartMore Info
720-351-0558

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