510 10th St - Apartments FOR SALE


Golden, CO 80401
$1,700,000 USD
720-495-6150
510 10th St, Golden, CO for Sale
$1,700,000 USD
Apartments - FOR SALE
1/23
null | 2.94% Cap Rate

510 10th St
Golden, CO 80401


HIGHLIGHTS

  • Prime Downtown Location
  • Nearly a ¼-Acre Parcel
  • Four Spacious Units
  • In-Unit Washer/Dryers (2 beds)
  • Ample On-Site Parking
  • Immediate Value-Add Potential

OVERVIEW

This rare four-unit investment opportunity is centrally located in the heart of downtown Golden, Colorado, sitting on a .21-acre lot in the direct path of future development. The City of Golden continues to push forward with growth initiatives, making this a prime location for long-term upside. While the property is currently under-rented and under-managed, a new owner has the opportunity to improve operations, increasing NOI —creating a cash-positive asset while planning for future redevelopment. With intrinsic land value and potential zoning benefits, this offering presents an ideal investment for those looking to capitalize on Golden’s ongoing transformation. Investment Highlights • Premier Location – Centrally positioned in downtown Golden, benefiting from strong demand and walkability. • Well-Maintained Asset – No Zinsco or Federal Pacific panels; water heaters replaced in 2015 and 2017. • Value-Add Potential – Below-market rents create an opportunity to increase NOI while planning for redevelopment. • Development Potential – Located in the direct path of growth, offering long-term upside.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$546 USD /SF

# OF UNITS

4

PRICE/UNIT

$425,000

CAP RATE

2.94%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1870

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

Main Street B / C2

APN/PARCEL ID

30-273-06-003

ASK ABOUT THIS PROPERTY

Katon PatelNorthPeak Commercial AdvisorsMore Info
720-495-6150

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Katon PatelNorthPeak Commercial AdvisorsMore Info
720-495-6150

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