thank you
Your email has been sent.
6661 E 63rd Pl 12 Unit Apartment Building $2,945,000 ($245,417/Unit) 7.18% Cap Rate Commerce City, CO 80022
Investment Highlights
- 7.18% Current CAP Rate!
- All Large, 3Bd/1Ba Units
- Strong Rental History: Just 2.07% Vacancy in 2025
- (3) Individually Deeded 4-Plexes
- Rare, 1999 Year of Construction
- Recent Capital Improvements Include Newer: Roof, Exterior Paint & Furnaces
Executive Summary
JUST LISTED! 12 Units Built in 1999; 7.18% Actual CAP
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$261,000
|
$18.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$5,400
|
$0.38
|
| Effective Gross Income |
$255,600
|
$18.02
|
| Taxes |
$19,941
|
$1.41
|
| Operating Expenses |
$24,275
|
$1.71
|
| Total Expenses |
$44,216
|
$3.12
|
| Net Operating Income |
$211,384
|
$14.90
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $261,000 |
| Annual Per SF | $18.40 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $5,400 |
| Annual Per SF | $0.38 |
| Effective Gross Income | |
|---|---|
| Annual | $255,600 |
| Annual Per SF | $18.02 |
| Taxes | |
|---|---|
| Annual | $19,941 |
| Annual Per SF | $1.41 |
| Operating Expenses | |
|---|---|
| Annual | $24,275 |
| Annual Per SF | $1.71 |
| Total Expenses | |
|---|---|
| Annual | $44,216 |
| Annual Per SF | $3.12 |
| Net Operating Income | |
|---|---|
| Annual | $211,384 |
| Annual Per SF | $14.90 |
Property Facts
| Price | $2,945,000 | Apartment Style | Low-Rise |
| Price Per Unit | $245,417 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.71 AC |
| Cap Rate | 7.18% | Building Size | 14,184 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1999 |
| Property Subtype | Apartment |
| Price | $2,945,000 |
| Price Per Unit | $245,417 |
| Sale Type | Investment |
| Cap Rate | 7.18% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.71 AC |
| Building Size | 14,184 SF |
| No. Stories | 2 |
| Year Built | 1999 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 12 | $1,857 | 1,000 |
1 1
Property Taxes
| Parcel Numbers | Total Assessment | $230,200 | |
| Land Assessment | $29,540 | Annual Taxes | $19,941 ($1.41/SF) |
| Improvements Assessment | $200,660 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$29,540
Improvements Assessment
$200,660
Total Assessment
$230,200
Annual Taxes
$19,941 ($1.41/SF)
Tax Year
2025
Contacts
-
Josh Newell -
Spencer Pierpont -
Lindsey Santaularia -
Pinnacle Real Estate Advisors
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
6661 E 63rd Pl
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.