5562 Newland Way | Arvada, CO 80002
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This Multifamily Property is no longer advertised on LoopNet.com.
5562 Newland Way
Arvada, CO 80002
Newland Apartments · Multifamily Property For Sale
·
8 Units

INVESTMENT HIGHLIGHTS
- $25K Price Reduction!
- Newer Boiler and Windows and Recently Updated Kitchens and Bathrooms
- Turn-Key Opportunity with Rental Upside
- Just 1/2 Mile from Olde Town Arvada Light Rail Station, Olde Town Arvada & Major Retail
- 6.25% Current CAP Rate
- Large 0.35 Acre Corner Lot with Mature Landscaping & Sprinkler System
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.35 AC |
| Property Type | Multifamily | Building Size | 5,838 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1971 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 5,838 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.37/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $1,315 | 650 |
PROPERTY TAXES
| Parcel Number | 39-132-04-005 | Improvements Assessment | $77,779 |
| Land Assessment | $20,612 | Total Assessment | $98,391 |
PROPERTY TAXES
Parcel Number
39-132-04-005
Land Assessment
$20,612
Improvements Assessment
$77,779
Total Assessment
$98,391
Listing ID: 33273310
Date on Market: 9/23/2024
Last Updated:
Address: 5562 Newland Way, Arvada, CO 80002
The Downtown Arvada Multifamily Property at 5562 Newland Way, Arvada, CO 80002 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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