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Elati Park 2 Multifamily Properties Offered at $1,900,000 in Littleton, CO

INVESTMENT HIGHLIGHTS

  • Mostly 2Bd/1Ba Units
  • Roof, Parking Lot & Windows Replaced/Updated in Past Ten Years
  • Opportunity to Renovate Remaining Units for Substantial Rent Increase
  • Washer/Dryer Hookups, Furnace and Hot Water Heater Dedicated to Each Unit
  • New Electric Panels and Sewer Line (West Powers Bldg)
  • Located Between Two New, Class-A Developments

EXECUTIVE SUMMARY

JUST LISTED! 12 Units in Littleton; In-Unit Washer/Dryer; Mostly 2Bds

ATTACHMENTS

Elati Park Apartments - OM (EMAIL)

TAXES & OPERATING EXPENSES (PRO FORMA - 2025)

ANNUAL
Gross Rental Income $204,000
Other Income -
Vacancy Loss $10,200
Effective Gross Income $193,800
Taxes $12,401
Operating Expenses $54,639
Total Expenses $67,040
Net Operating Income $126,760

TAXES & OPERATING EXPENSES (PRO FORMA - 2025)

Gross Rental Income
Annual $204,000
Other Income
Annual -
Vacancy Loss
Annual $10,200
Effective Gross Income
Annual $193,800
Taxes
Annual $12,401
Operating Expenses
Annual $54,639
Total Expenses
Annual $67,040
Net Operating Income
Annual $126,760

PROPERTY FACTS

Price $1,900,000 Number of Properties 2
Price / SF $222.07 / SF Individually For Sale 0
Cap Rate 6.67% Total Building Size 8,556 SF
Sale Type Investment Total Land Area 0.51 AC
Status Active
Price $1,900,000
Price / SF $222.07 / SF
Cap Rate 6.67%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 8,556 SF
Total Land Area 0.51 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
497 W Powers Ave, Littleton, CO 80120 Multifamily 4,278 SF 1963 -
5570 S Elati St, Littleton, CO 80120 Multifamily 4,278 SF 1963 -
Show More > < Show Less
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(303) 962-9555

CONTACTS

  • Josh Newell
    Josh Newell
  • Lindsey Santaularia
    Lindsey Santaularia

  • Listing ID: 35878302

  • Date on Market: 5/15/2025

  • Last Updated:

  • Address: Elati Park, Littleton, CO

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497 W Powers Ave
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