3950 Turnpike Dr - Apartments FOR SALE


Westminster, CO 80030
$1,650,000 USD
720-335-1469
3950 Turnpike Dr, Westminster, CO for Sale
$1,650,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

3950 Turnpike Dr
Westminster, CO 80030


HIGHLIGHTS

  • Recent renovations include new furnaces, roofing, exterior paint, and stairs
  • Situated in a park-like yard
  • 2:1 Tandem Parking
  • Strong mix of units boasting mainly 2-bed, 1-bath units

OVERVIEW

3950 Turnpike Drive boasts a superior unit mix of mainly 2-bedroom, 1-bathroom units. The property has had many renovations completed within the last couple of years, including all new railings, stringers, stairs and walkways fully permitted through the City of Westminster. The new windows, pitched roof and exterior paint promise a low-maintenance building for the next owner to enjoy. Additionally, the property’s spacious courtyard setting is an amenity for all residents to enjoy. Each unit is individually metered with electric and gas that includes in-unit water heaters as well as gas furnaces that have been replaced in the past few years. County: Adams Year Built: 1962 # Buildings: 1 # Stories: 3 Construction: Concrete Brick Roof Type: Pitched Gross Building SF: 6,570 Lot Size: 63,598 SF Parking: 18 Tandem Spaces Heating: Forced Air Air Conditioning: Wall Water/Sewer: Master Gas/Electric: Individual

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$251 USD /SF

# OF UNITS

9

PRICE/UNIT

$183,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turnpike Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1962

PARKING SPACES

13

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

R-1

APN/PARCEL ID

1719-31-1-04-003

ASK ABOUT THIS PROPERTY

Ryan FloydKaufman HaganMore Info
720-335-1469

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

Ryan FloydKaufman HaganMore Info
720-335-1469

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