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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 |
|---|---|---|---|---|
|
Aspen Leaf Apartments
6092 Wadsworth Blvd, Arvada, CO 80003 |
Multifamily | 19,425 SF | 1971 | $4,750,000 |
|
Olde Town Terrace Apartments
6087 Wadsworth Blvd, Arvada, CO 80003 |
Multifamily | 23,806 SF | 1971 | $3,950,000 |
MAP
ADDITIONAL PHOTOS
6087 Wadsworth Blvd
IMG_5377
IMG_5380
IMG_5254
IMG_5263
IMG_5266
IMG_5275-11337022
IMG_5281
IMG_5284
IMG_5296
IMG_5305
IMG_5326
IMG_5341
IMG_5365-11337033
6092 Wadsworth Blvd
IMG_5212
IMG_5209
IMG_5197
IMG_5173
IMG_5182
IMG_5187
IMG_5188
IMG_5221-11336783
IMG_5224-11336787
IMG_5230-11336791
IMG_5233-11336793
IMG_5239-11336797