1401 W 85th Ave | Federal Heights, CO 80260
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- LoopNet Team
1401 W 85th Ave
Federal Heights, CO 80260
Multifamily Property For Sale
·
6 Units
Investment Highlights
- New construction 2020 build offers modern features that appeal to today's renters, providing a competitive edge in the market.
- Below market rents compared to others in the building provide the opportunity to increase rental income through strategic management & leasing efforts
- Highly desirable unit mix consisting of all large 920 SF, 2 bed 2 bath units increases demand & rental rates, offering stable & consistent cash flow.
- Ability to sell the units off individually, already condo'd out, offers flexibility for investors to maximize profits & exit the investment.
Property Facts
| No. Units | 6 | Building Size | 5,520 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2020 |
| Building Class | B | Parking Ratio | 5.43/1,000 SF |
| Lot Size | 0.01 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.01 AC |
| Building Size | 5,520 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 2020 |
| Parking Ratio | 5.43/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 6 | $2,400 | 920 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $94,990 | |
| Land Assessment | $25,680 | Total Assessment | $120,670 |
Property Taxes
Parcel Numbers
Land Assessment
$25,680
Improvements Assessment
$94,990
Total Assessment
$120,670
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