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2970 Eliot Cir 4 Unit Apartment Building $825,000 ($206,250/Unit) 6.08% Cap Rate Westminster, CO 80030

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INVESTMENT HIGHLIGHTS

All 2Bd/1Ba Units
Two Private Garages/Storage Spaces Provide Additional Income
Proforma Rents Already Being Achieved

Individually Metered for Gas & Electric
Low Maintenance, Brick Building with Pitched Roof
Short Walk (¼ Mile) to Westminster Light Rail Station

EXECUTIVE SUMMARY

JUST LISTED! 4-Plex in Westminster, All 2Bds. Units are large and individually metered for gas and electric. The property sits on a large, 0.27-acre lot and includes two private garages/storage spaces that generate additional income. Prime location—just a short walk to the Westminster Light Rail Station and directly across from Northgate, a major planned development.

2970 Eliot Circle - OM (EMAIL)

FINANCIAL SUMMARY (ACTUAL - 2025)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$66,000	$18.76
Other Income	$4,200	$1.19
Vacancy Loss	$3,510	$1.00
Effective Gross Income	$66,690	$18.96
Taxes	$5,203	$1.48
Operating Expenses	$11,347	$3.23
Total Expenses	$16,550	$4.70
Net Operating Income	$50,140	$14.25

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income
Annual	$66,000
Annual Per SF	$18.76

Other Income
Annual	$4,200
Annual Per SF	$1.19

Vacancy Loss
Annual	$3,510
Annual Per SF	$1.00

Effective Gross Income
Annual	$66,690
Annual Per SF	$18.96

Taxes
Annual	$5,203
Annual Per SF	$1.48

Operating Expenses
Annual	$11,347
Annual Per SF	$3.23

Total Expenses
Annual	$16,550
Annual Per SF	$4.70

Net Operating Income
Annual	$50,140
Annual Per SF	$14.25

PROPERTY FACTS

Price	$825,000	Apartment Style	Low-Rise
Price Per Unit	$206,250	Building Class	C
Sale Type	Investment	Lot Size	0.27 AC
Cap Rate	6.08%	Building Size	3,518 SF
No. Units	4	No. Stories	2
Property Type	Multifamily	Year Built	1963
Property Subtype	Apartment	Parking Ratio	0.57/1,000 SF
Zoning	R-4, Westminster

Price	$825,000
Price Per Unit	$206,250
Sale Type	Investment
Cap Rate	6.08%
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.27 AC
Building Size	3,518 SF
No. Stories	2
Year Built	1963
Parking Ratio	0.57/1,000 SF
Zoning	R-4, Westminster

UNIT MIX INFORMATION

DESCRIPTION	NO. UNITS	AVG. RENT/MO	SF
2+1	4	-	-

1 of 1

Walk Score®

Very Walkable (82)

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, Transit Score® & Bike Score?

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of any address. Transit Score®

measures access to public transit. Bike Score®

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PROPERTY TAXES

Parcel Number	1719-32-4-17-007	Total Assessment	$45,380 (2024)
Land Assessment	$5,820 (2024)	Annual Taxes	$5,203 ($1.48/SF)
Improvements Assessment	$39,560 (2024)	Tax Year	2025