5551 S Delaware St - Apartments FOR SALE


Littleton, CO 80120
$1,000,000 USD
303-903-9638
5551 S Delaware St, Littleton, CO for Sale
$1,000,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

5551 S Delaware St
Littleton, CO 80120


HIGHLIGHTS

  • Washer/Dryer hookups in each unit
  • Prime opportunity to renovate units
  • New roof (2023)
  • Individually metered for gas and electric

OVERVIEW

5551 S Delaware is a 6 unit apartment building built in 1960. The units consist of (2) 1bed/1bath and (4) 2bed/1bath units with their own individual gas and electric meters which tenant's pay utilities directly in their name. Units are heated by individual furnaces. Tenant's enjoy having in-unit laundry hookups which tenants currently supply their own laundry machines. This opportunity is primed for investors who are looking to add value through renovating units and raising rents to market.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$234 USD /SF

# OF UNITS

6

PRICE/UNIT

$166,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

2077-15-3-03-012

ASK ABOUT THIS PROPERTY

Jack ShermanNorthPeak Commercial AdvisorsMore Info
303-903-9638

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Jack ShermanNorthPeak Commercial AdvisorsMore Info
303-903-9638

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