For Sale
$6,675,000
6700 Wadsworth Blvd Arvada, CO 80003
26-unit Arvada apartment building; high cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $6,675,000 asking price for a 26-unit apartment building in Arvada, Colorado.
- 6.51% current cap rate, 7.81% pro-forma cap rate, with a $434,844 NOI and a $521,573 pro-forma NOI.
- 29,590 square feet, priced at $225.58 per square foot, and $256,730.77 per unit.
- Mostly three-bedroom units, with recent capital improvements including roof, gutters, concrete, furnaces, and hot water heaters.
- Features private patios and balconies, located 1.5 miles from Olde Town Arvada and the light rail station, with easy access to downtown Denver and the mountains via I-70.
- Close proximity to major retail centers and employers, including Home Depot, Starbucks, Lowe's, and Costco.
Property Details for 6700 Wadsworth Blvd
- Property type
- Apartment buildings
- Square Feet
- 29,590 SF
- Class
- C
- Year Built
- 1957
- Lot Size (sq. ft)
- 43,124 SF
- Units
- 26
Location Insight
- City
- Arvada
- County
- Jefferson
- State
- Colorado
- Latitude
- 39.819280299416
- Longitude
- -105.08082905584
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 26-unit Arvada apartment building; high cap rate.
- Where is the apartment building located?
- The property is located at 6700 Wadsworth Blvd Arvada, CO.
- What is the asking price?
- The asking price for this property is $6,675,000.
- What are key features of this property?
- This property features: $6,675,000 asking price for a 26-unit apartment building in Arvada, Colorado.; 6.51% current cap rate, 7.81% pro-forma cap rate, with a $434,844 NOI and a $521,573 pro-forma NOI.; 29,590 square feet, priced at $225.58 per square foot, and $256,730.77 per unit.
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