9990 W 59th Pl - Apartments FOR SALE


Arvada, CO 80004- Allendale Area
$1,775,000 USD
303-263-6260
9990 W 59th Pl, Arvada, CO for Sale
$1,775,000 USD
Apartments - FOR SALE
1/16
null | 5.64% Cap Rate

9990 W 59th Pl
Arvada, CO 80004
Allendale Area


HIGHLIGHTS

  • Well-located
  • Predominately 2-bedroom units
  • Well-maintained
  • Ample parking

OVERVIEW

9990 W. 59th Place presents an exceptional investment opportunity in the Arvada market. This well-maintained multifamily property consists of 12 total units, featuring 2 one-bedroom units and 10 two-bedroom units, catering to a broad range of tenants seeking spacious, comfortable living. Located in a quiet residential neighborhood, the property offers residents the perfect balance of suburban tranquility and urban convenience. It is just minutes from Olde Town Arvada, the city’s historic downtown area known for its charming shops, diverse dining options, entertainment venues, and easy access to the RTD G Line commuter rail. This prime location not only enhances tenant demand but also supports strong long-term rental growth.

FOR SALE DETAILS

PRICE

$1,775,000 USD

PRICE/SF

$189 USD /SF

# OF UNITS

12

PRICE/UNIT

$147,917

CAP RATE

5.64%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scandia Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1959

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

R-M

APN/PARCEL ID

39-094-04-005

ASK ABOUT THIS PROPERTY

Kevin CalameNorthPeak Commercial AdvisorsMore Info
303-263-6260

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Kevin CalameNorthPeak Commercial AdvisorsMore Info
303-263-6260

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