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Aspen Leaf Apartments 6092 Wadsworth Blvd 24 Unit Apartment Building $4,750,000 ($197,917/Unit) 6.84% Cap Rate Arvada, CO 80003

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INVESTMENT HIGHLIGHTS

Can be Purchased with Adjacent Parcels at 6087 Olde Wadsworth Blvd, Arvada (20 Units) and/or 7750 W 61st Ave, Arvada (16 Units)
Recent Capital Improvements Include: Newer Roof, Windows, Exterior Stairs and Many Interior Updates
Just 5.11% Historical Vacancy!

All 2Bd/1Ba Units
Washer/Dryer Hookups in 50% of Units
Proforma Rents Already Being Achieved

EXECUTIVE SUMMARY

PRICE REDUCED! 24 Units; All 2Bds; ¼ Mile from Olde Town Arvada

Aspen Leaf - OM (EMAIL)

FINANCIAL SUMMARY (PRO FORMA - 2025)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$482,400	$24.83
Other Income	$38,722	$1.99
Vacancy Loss	$26,056	$1.34
Effective Gross Income	$495,066	$25.49
Taxes	$28,017	$1.44
Operating Expenses	$142,036	$7.31
Total Expenses	$170,053	$8.75
Net Operating Income	$325,013	$16.73

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual	$482,400
Annual Per SF	$24.83

Other Income
Annual	$38,722
Annual Per SF	$1.99

Vacancy Loss
Annual	$26,056
Annual Per SF	$1.34

Effective Gross Income
Annual	$495,066
Annual Per SF	$25.49

Taxes
Annual	$28,017
Annual Per SF	$1.44

Operating Expenses
Annual	$142,036
Annual Per SF	$7.31

Total Expenses
Annual	$170,053
Annual Per SF	$8.75

Net Operating Income
Annual	$325,013
Annual Per SF	$16.73

PROPERTY FACTS

Price	$4,750,000	Building Class	C
Price Per Unit	$197,917	Lot Size	0.82 AC
Sale Type	Investment	Building Size	19,425 SF
Cap Rate	6.84%	Average Occupancy	96%
No. Units	24	No. Stories	2
Property Type	Multifamily	Year Built	1971
Property Subtype	Apartment	Parking Ratio	1.8/1,000 SF
Apartment Style	Low-Rise
Zoning	R-M, Arvada

Price	$4,750,000
Price Per Unit	$197,917
Sale Type	Investment
Cap Rate	6.84%
No. Units	24
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.82 AC
Building Size	19,425 SF
Average Occupancy	96%
No. Stories	2
Year Built	1971
Parking Ratio	1.8/1,000 SF
Zoning	R-M, Arvada

UNIT AMENITIES

Air Conditioning
Balcony

Heating

Kitchen

Handrails

UNIT MIX INFORMATION

DESCRIPTION	NO. UNITS	AVG. RENT/MO	SF
2+1	24	$1,671	800 - 810

1 of 1

Walk Score®

Very Walkable (78)

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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	39-111-00-045	Total Assessment	$289,228 (2024)
Land Assessment	$47,863 (2024)	Annual Taxes	$28,017 ($1.44/SF)
Improvements Assessment	$241,365 (2024)	Tax Year	2025