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5315-5329 Canyon View Dr 4 Unit Apartment Building $2,500,000 ($625,000/Unit) 5.68% Cap Rate Castle Rock, CO 80104
Executive Summary
Solid multi-family investment in a great location! Gorgeous newer modern townhomes in the highly sought after Founders Village neighborhood in Castle Rock. Enjoy incredible views from your own private deck that backs to an open space green belt. Upon entrance enjoy high ceilings that lead you to an open floor plan with a gourmet kitchen perfect for entertaining guests. Large windows provide exceptional natural light throughout the townhome. Historically low vacancies and high rents for all units.
Property Facts
| Price | $2,500,000 | Building Class | B |
| Price Per Unit | $625,000 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 9,500 SF |
| Cap Rate | 5.68% | No. Stories | 2 |
| No. Units | 4 | Year Built | 2020 |
| Property Type | Multifamily | Parking Ratio | 0.52/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | C | ||
| Price | $2,500,000 |
| Price Per Unit | $625,000 |
| Sale Type | Investment |
| Cap Rate | 5.68% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 9,500 SF |
| No. Stories | 2 |
| Year Built | 2020 |
| Parking Ratio | 0.52/1,000 SF |
| Zoning | C |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Stainless Steel Appliances
- Basement
- Deck
- Pantry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 2 | - | 1,912 - 2,808 |
| 4+4 | 2 | - | 2,789 |
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Property Taxes
| Parcel Number | 2507-082-23-010 | Improvements Assessment | $28,770 |
| Land Assessment | $6,420 | Total Assessment | $35,190 |
Property Taxes
Parcel Number
2507-082-23-010
Land Assessment
$6,420
Improvements Assessment
$28,770
Total Assessment
$35,190
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5315-5329 Canyon View Dr
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