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Olde Town Arvada Portfolio 2 Multifamily Properties Offered at $8,700,000 in Arvada, CO




INVESTMENT HIGHLIGHTS
- Mostly 2Bd/1Ba Units
- Washer/Dryer Hookups in 55% of Units
- Just ¼ Mile from Olde Town Arvada
- Recent Capital Improvements Include: Newer Roof, Windows, Sliders, Stucco, Parking Lot, Exterior Stairs and Many Interior Updates
- Priced Well Below Replacement Cost at Only $201/SF
TAXES & OPERATING EXPENSES (PRO FORMA - 2025) |
ANNUAL |
---|---|
Gross Rental Income |
$876,000
![]() |
Other Income |
$66,149
![]() |
Vacancy Loss |
$47,107
![]() |
Effective Gross Income |
$895,042
![]() |
Taxes |
$51,305
![]() |
Operating Expenses |
$248,110
![]() |
Total Expenses |
$299,415
![]() |
Net Operating Income |
$595,627
![]() |
TAXES & OPERATING EXPENSES (PRO FORMA - 2025)
Gross Rental Income | |
---|---|
Annual | $876,000 |
Other Income | |
---|---|
Annual | $66,149 |
Vacancy Loss | |
---|---|
Annual | $47,107 |
Effective Gross Income | |
---|---|
Annual | $895,042 |
Taxes | |
---|---|
Annual | $51,305 |
Operating Expenses | |
---|---|
Annual | $248,110 |
Total Expenses | |
---|---|
Annual | $299,415 |
Net Operating Income | |
---|---|
Annual | $595,627 |
PROPERTY FACTS
Price | $8,700,000 | Number of Properties | 2 |
Price / SF | $201.24 / SF | Individually For Sale | 2 |
Cap Rate | 6.85% | Total Building Size | 43,231 SF |
Sale Type | Investment | Total Land Area | 1.53 AC |
Status | Active |
Price | $8,700,000 |
Price / SF | $201.24 / SF |
Cap Rate | 6.85% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 2 |
Total Building Size | 43,231 SF |
Total Land Area | 1.53 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
Olde Town Terrace Apartments
6087 Wadsworth Blvd, Arvada, CO 80003 |
Multifamily | 23,806 SF | 1971 | $3,950,000 |
Aspen Leaf Apartments
6092 Wadsworth Blvd, Arvada, CO 80003 |
Multifamily | 19,425 SF | 1971 | $4,750,000 |
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Olde Town Arvada Portfolio
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