3305 S Clarkson St - Apartments FOR SALE


Englewood, CO 80113
$3,043,000 USD
303-962-9537
3305 S Clarkson St, Englewood, CO for Sale
$3,043,000 USD
Apartments - FOR SALE
1/69
null | 5.76% Cap Rate

3305 S Clarkson St
Englewood, CO 80113


HIGHLIGHTS

  • Sellers Financing is Assumable at a 3.75% Principal & Interest (Loan Amount 60%)
  • 17-unit multifamily community built in 1971 with 11,511 SF
  • Durable low-maintenance brick exterior, new boiler, and assigned off-street parking
  • (3) two-bedroom, one-bath units and (14) one-bedroom, one-bath units
  • Individually metered for electricity with all-electric appliances; Hot water heat provided by central boiler, individual wall-unit A/C in each unit
  • Landlord-owned laundry facility and private storage units

OVERVIEW

Value-Add Multifamily; 17 Units in Englewood; Assumable Private Financing Available; Seller's Financing is Assumable at a 3.75% Principal & Interest

FOR SALE DETAILS

PRICE

$3,043,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

17

PRICE/UNIT

$179,000

CAP RATE

5.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sprucewood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1971

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,088 SF

ZONING

MU-R-3-C

APN/PARCEL ID

1971-34-4-17-026

ASK ABOUT THIS PROPERTY

Robert LawsonPinnacle Real Estate AdvisorsMore Info
303-962-9537

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Robert LawsonPinnacle Real Estate AdvisorsMore Info
303-962-9537

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