6449 Miller St | Arvada, CO 80004
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6449 Miller St
Arvada, CO 80004
The Reserve at Oak Park · Multifamily Property For Sale
·
42 Units
INVESTMENT HIGHLIGHTS
- Every unit has been updated over the last 10 years with the exception of a few units (2-4)
- Significant CAPex spent on all balconies/porches
- The property sits on a 63,083 SF lot directly across the street from the brand new $6M - Arvada Tennis Center
- Most unit updates include flooring (plank vinyl and carpet), countertops, white or back appliances, new vanities and surrounds in bathrooms
- Opportunity to increase rents by $75-$125/unit/month in as-is condition
- Close proximity to King Soopers, Walmart and the new Ralston Creek Redevelopment
PROPERTY FACTS
| No. Units | 42 | Building Size | 37,765 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1971 |
| Building Class | B | Parking Ratio | 2.22/1,000 SF |
| Lot Size | 1.45 AC |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.45 AC |
| Building Size | 37,765 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built | 1971 |
| Parking Ratio | 2.22/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 650 |
| 2+1 | 38 | - | 800 |
PROPERTY TAXES
| Parcel Number | 39-044-21-023 | Improvements Assessment | $491,243 |
| Land Assessment | $84,531 | Total Assessment | $575,774 |
PROPERTY TAXES
Parcel Number
39-044-21-023
Land Assessment
$84,531
Improvements Assessment
$491,243
Total Assessment
$575,774
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