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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
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 |
|---|---|---|---|---|
| 5570 S Elati St, Littleton, CO 80120 | Multifamily | 4,278 SF | 1963 | - |
| 497 W Powers Ave, Littleton, CO 80120 | Multifamily | 4,278 SF | 1963 | - |
MAP
ADDITIONAL PHOTOS
19293611_1_880_495
19293609_1_880_495
5570 S Elati St - Web Quality - 003 - 03 Exterior
01 Exterior Front
13 Exterior Rear
19293596_3baf91570589d3cca00b1ed9baaf7866
19293601_62f00588b4431fc7570066ea38fe82e8
PowersUnit1_3
PowersUnit1_5
18654999_2_1920_1280
18654980_2_1920_1280
18654995_2_1920_1280
19 Satellite
5570 S Elati St - Web Quality - 007 - 07 Exterior
5570 S Elati St - Web Quality - 013 - 13 Exterior
5570 S Elati St - Web Quality - 021 - 25 Exterior
18655004_2_1920_1280
18655005_2_1920_1280
497 W Powers Ave
5570 S Elati St