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2781-2831 Eliot Cir
Westminster, CO 80030
Eliot Town Homes · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- Proximity to Major Transit-Oriented Development
- Strong Resident Amenities
- Desirable Townhome Layouts
- Proven Renovation Upside
EXECUTIVE SUMMARY
MMG Real Estate Advisors is pleased to present the opportunity to acquire Eliot Circle Townhomes in Westminster, Colorado. The property features desirable two-story townhome layouts, strong resident amenities, and proven renovation upside. Located less than a mile from the Westminster Station Transit-Oriented Development (TOD)—a 135- acre master-planned redevelopment anchored by RTD’s B Line rail station—Eliot Circle Townhomes is positioned to benefit from one of the most transformative projects in the Denver metro area. With significant public and private investment driving growth, the property offers investors both immediate value and long-term appreciation potential.
PROPERTY FACTS
| Price Per Unit | $179,167 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.06 AC |
| Cap Rate | 7.90% | Building Size | 19,200 SF |
| No. Units | 24 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1962 |
| Apartment Style | Garden | Parking Ratio | 1.64/1,000 SF |
| Zoning | R-4, Westminster | ||
| Price Per Unit | $179,167 |
| Sale Type | Investment |
| Cap Rate | 7.90% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.06 AC |
| Building Size | 19,200 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.64/1,000 SF |
| Zoning | R-4, Westminster |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Heating
- Refrigerator
- Oven
- Handrails
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 600 |
| 2+1 | 4 | - | 900 |
| 2+1.5 | 16 | - | 880 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $234,380 | |
| Land Assessment | $15,350 | Total Assessment | $249,730 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$15,350
Improvements Assessment
$234,380
Total Assessment
$249,730
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