7815 W 41st Ave - Apartments FOR SALE


Wheat Ridge, CO 80033
$1,695,000 USD
720-738-1943
7815 W 41st Ave, Wheat Ridge, CO for Sale
$1,695,000 USD
Apartments - FOR SALE
1/14
null | 5.62% Cap Rate

7815 W 41st Ave
Wheat Ridge, CO 80033


HIGHLIGHTS

  • Can be purchased with 1115 Carr St.
  • Attractive side-by-side layout with front and back doors
  • Growth location with nearby development along the 38th corridor and Wadsworth - low vacancy submarket
  • Recent improvements include roof and windows
  • Additional income via storage lockers; onsite laundry
  • Separately metered electric

OVERVIEW

7815 W 41st Ave. is an 8 unit apartment building built in 1957. The building consists of (6) 1bed/1bath and (2) 2bed/1bath units with great curb appeal. The property features an attractive side-by-side layout with front and back doors. Recent improvements include roof and windows. This low vacancy submarket benefits from extensive nearby development along the 38th corridor and Wadsworth. Tenants enjoy onsite laundry and secure storage units. The property is separately metered for electric which tenants pay directly in addition to a utility billback for gas, water, sewer, and trash.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$248 USD /SF

# OF UNITS

8

PRICE/UNIT

$211,875

CAP RATE

5.62%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,899 SF

ZONING

RC

APN/PARCEL ID

39-233-00-018

ASK ABOUT THIS PROPERTY

Hunter SchaeferNorthPeak Commercial AdvisorsMore Info
720-738-1943

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

Hunter SchaeferNorthPeak Commercial AdvisorsMore Info
720-738-1943

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