3620-3632 Ingalls St - Apartments FOR SALE


Wheat Ridge, CO 80033
$1,625,000 USD
303-818-1805
3620-3632 Ingalls St, Wheat Ridge, CO for Sale
$1,625,000 USD
Apartments - FOR SALE
1/16
null | 5.24% Cap Rate

3620-3632 Ingalls St
Wheat Ridge, CO 80033


HIGHLIGHTS

  • Stable Cashflow with Upside Potential
  • Convenient Location in Quiet Setting
  • Tenants Pay Their Own Utilities
  • Low Maintenance Property
  • Attractive for Owner/Operator or Passive Investor

OVERVIEW

3620 Ingalls Street is an attractive 8-unit property conveniently located in Wheat Ridge, less than 5 miles from downtown Denver. The courtyard-style building offers an attractive mix of studio, one bedroom and two bedroom apartments with plenty of off-street parking for the residents. The courtyard apartments are separately metered for gas and electric, and each unit has its own furnace and water heater. The well-maintained property has been a stable and consistent investment for over 10 years for the current owner. The property is nestled between the vibrant neighborhoods of Berkeley, Sloan’s Lake, Edgewater, and Olde Town Arvada.

FOR SALE DETAILS

PRICE

$1,625,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

8

PRICE/UNIT

$203,125

CAP RATE

5.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

-

APN/PARCEL ID

39-252-01-022

ASK ABOUT THIS PROPERTY

Conner PirettiNorthPeak Commercial AdvisorsMore Info
303-818-1805

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Conner PirettiNorthPeak Commercial AdvisorsMore Info
303-818-1805

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