7250-7270 Newton St - Apartments FOR SALE


Westminster, CO 80030
$6,500,000 USD
303-523-1031
7250-7270 Newton St, Westminster, CO for Sale
$6,500,000 USD
Apartments - FOR SALE
1/23
null | 6.59% Cap Rate

7250-7270 Newton St
Westminster, CO 80030


HIGHLIGHTS

  • Excellent Curb Appeal and Location along Art District
  • Solid Brick Construction, Outside Walkup
  • Newer Roof, Gutters, Classic Style Units

OVERVIEW

Other income includes bill back for utilities, m-m fees, pet fees and rent, laundry income (Wash lease), and newly implemented parking fees. Opportunity to purchase a well-maintained 33-unit garden style apartment community in Westminster, Colorado. Conveniently located near major highways and just a 10-minute drive from Downtown Denver. The property consists of three exterior access apartment buildings with a courtyard setting. It offers a mix of two-bedroom and one-bedroom homes, featuring solid brick construction, newer roofs, and separate utility meters. Amenities include off-street parking, common laundry areas, storage spaces, and air conditioning in top-floor units. The property boasts a large lot with beautiful views of the Rocky Mountain Front Range. Don't miss this exceptional investment opportunity.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

33

PRICE/UNIT

$196,970

CAP RATE

6.59%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westminster Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

R-4, Westminster

APN/PARCEL ID

1719-31-4-17-003,1719-31-4-17-025

ASK ABOUT THIS PROPERTY

John LarattaLREIMore Info
303-523-1031

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John LarattaLREIMore Info
303-523-1031

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