5532 Newland Way - Apartments FOR SALE


Arvada, CO 80002
$3,640,000 USD
303-962-9537
5532 Newland Way, Arvada, CO for Sale
$3,640,000 USD
Apartments - FOR SALE
1/46
null | 5.29% Cap Rate

5532 Newland Way
Arvada, CO 80002


HIGHLIGHTS

  • Turnkey, Fully Renovated Property: All 14 units have been modernized, offering premium rental income potential from day one with minimal investment
  • Prime Location in Arvada: Just blocks from Olde Town Arvada, residents enjoy easy access to big-box stores and walking distance to historic Olde Town
  • Professionally Managed, Pet-Friendly Community: Well-maintained and fully updated units with a beautifully landscaped courtyard and in-unit W/D
  • Convenient Transit Access: Located near the G line light rail station and I-70, providing seamless connectivity to Downtown Denver and DIA
  • Ample On-Site Parking & Development Potential: The property features 28 parking spaces on an oversized lot with the possibility of adding more parking

OVERVIEW

The Knowlton Lawson Team is excited to present the exclusive opportunity to acquire N32 Apartments, a fully renovated 14- unit apartment complex located just blocks from Olde Town in Arvada, CO. This turnkey property offers premium rental income, thanks to its modernized units and prime location. Residents enjoy a perfect balance of urban convenience and small-town charm, with easy access to big-box retailers like Costco, Sam’s Club, Home Depot, and Lowes, while also being steps away from the historic character of Olde Town. The property’s proximity to the G line light rail station and I-70 ensures seamless commutes to Downtown Denver, Denver International Airport, and the Colorado mountains, further enhancing its appeal. The pet-friendly, professionally managed community boasts updated units, a beautifully landscaped courtyard with new stairways, 28 on-site parking spaces, and sits on an oversized lot with potential for additional parking or covered garages. This rare, turnkey investment opportunity combines strong, stable cash flow with significant long-term appreciation upside in one of the most desirable neighborhoods in Arvada.

FOR SALE DETAILS

PRICE

$3,640,000 USD

PRICE/SF

$391 USD /SF

# OF UNITS

14

PRICE/UNIT

$260,000

CAP RATE

5.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newland Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

R-M, Arvada

APN/PARCEL ID

39-132-04-008

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.