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Olde Town Terrace Apartments 6087 Wadsworth Blvd 20 Unit Apartment Building $4,100,000 ($205,000/Unit) 6.52% Cap Rate Arvada, CO 80003

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INVESTMENT HIGHLIGHTS

Can be Purchased with Adjacent Parcels at 6090 Olde Wadsworth Blvd, Arvada (24 Units) and/or 7750 W 61st Ave, Arvada (16 Units)
Recent Capital Improvements Include: Newer Roof, Windows, Sliders, Stucco, Parking Lot & Updated Interiors
Just 4.31% Historical Vacancy!

Mostly 2Bd/1Ba Units
Washer/Dryer Hookups in 60% of Units
Proforma Rents Already Being Achieved

EXECUTIVE SUMMARY

JUST LISTED! 20 Units in Arvada, CO; 4.31% Historical Vacancy!

Olde Town Terrace - OM (EMAIL)

FINANCIAL SUMMARY (PRO FORMA - 2025)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$403,800	$16.96
Other Income	$27,419	$1.15
Vacancy Loss	$21,561	$0.91
Effective Gross Income	$409,658	$17.21
Taxes	$23,288	$0.98
Operating Expenses	$119,229	$5.01
Total Expenses	$142,517	$5.99
Net Operating Income	$267,141	$11.22

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual	$403,800
Annual Per SF	$16.96

Other Income
Annual	$27,419
Annual Per SF	$1.15

Vacancy Loss
Annual	$21,561
Annual Per SF	$0.91

Effective Gross Income
Annual	$409,658
Annual Per SF	$17.21

Taxes
Annual	$23,288
Annual Per SF	$0.98

Operating Expenses
Annual	$119,229
Annual Per SF	$5.01

Total Expenses
Annual	$142,517
Annual Per SF	$5.99

Net Operating Income
Annual	$267,141
Annual Per SF	$11.22

PROPERTY FACTS

Price	$4,100,000	Apartment Style	Low-Rise
Price Per Unit	$205,000	Building Class	C
Sale Type	Investment	Lot Size	0.71 AC
Cap Rate	6.52%	Building Size	23,806 SF
No. Units	20	No. Stories	2
Property Type	Multifamily	Year Built	1971
Property Subtype	Apartment	Parking Ratio	1.34/1,000 SF

Price	$4,100,000
Price Per Unit	$205,000
Sale Type	Investment
Cap Rate	6.52%
No. Units	20
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.71 AC
Building Size	23,806 SF
No. Stories	2
Year Built	1971
Parking Ratio	1.34/1,000 SF

UNIT AMENITIES

Air Conditioning
Balcony

Kitchen
Handrails

Lawn

Patio

SITE AMENITIES

24 Hour Access
Controlled Access

Recycling

Walk-Up

Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION	NO. UNITS	AVG. RENT/MO	SF
1+1	2	$1,238	725

1 of 1

Walk Score®

Very Walkable (74)

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of any address. Transit Score®

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PROPERTY TAXES

Parcel Number	39-112-00-016	Total Assessment	$240,409 (2024)
Land Assessment	$41,442 (2024)	Annual Taxes	$23,288 ($0.98/SF)
Improvements Assessment	$198,967 (2024)	Tax Year	2025