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3076 W 71st Way
Westminster, CO 80030
Grove Gardens · Multifamily Property For Sale
·
36 Units
Investment Highlights
- $1,250,000 Total Price Reduction!!
- Priced Well Below Comparable Properties: Just $136k/Unit & $175/SF
- Short Walk to Major Planned Developments: Northgate Center (Directly Across Street) and Sherman Redevelopment (1/4 Mile South)
- 7.55% Current CAP Rate
- All 2Bd/1Ba Units on Large, 1 Acre Lot
- Favorable SPD Zoning (Specific Plan District) Allows for Multiple Future Redevelopment Options
Property Facts
| No. Units | 36 | Lot Size | 1.05 AC |
| Property Type | Multifamily | Building Size | 27,938 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Zoning | R-3 | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.05 AC |
| Building Size | 27,938 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | R-3 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
- Handrails
Site Amenities
- Laundry Facilities
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 36 | $1,385 | 767 |
Property Taxes
| Parcel Number | 1825-05-2-01-024 | Improvements Assessment | $334,260 |
| Land Assessment | $24,780 | Total Assessment | $359,040 |
Property Taxes
Parcel Number
1825-05-2-01-024
Land Assessment
$24,780
Improvements Assessment
$334,260
Total Assessment
$359,040
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