10717 W 38th Ave 7 Unit Apartment Building $1,850,000 ($264,286/Unit) 5.75% Cap Rate Wheat Ridge, CO 80033

Marcus & Millichap is pleased to present the investment opportunity located at 10717 W 38th Ave in Wheat Ridge, Colorado. The fully renovated, two-story multifamily property sits on 0.32 acres and is strategically located near Discovery Park, a popular destination for outdoor recreation. This townhome-style asset features private yards for each unit, newly repaved off-street parking and an inviting community atmosphere enhanced by on-site patio and grill areas. Additionally, each unit features updated kitchens and bathrooms fitted with modern appliances. The property’s attractive layout and recent renovations not only support strong current occupancy but also position the investment opportunity for long-term value. Investors can realize significant upside through increasing rents, charging back utilities, and generating revenue from on-site laundry services. The property’s proximity to Interstate 70 ensures easy commuting to Downtown Denver and surrounding employment centers, further enhancing the asset’s appeal to a wide tenant base. Strong potential upside and ideal location mark this multifamily asset as an appealing opportunity for investors seeking immediate cash-flow and long-term growth.