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7115-7121 Stuart St
Westminster, CO 80030
Multifamily Property For Sale
·
4 Units
Executive Summary
Marcus & Millichap is pleased to present 7115-7121 Stuart Street, a well-maintained four-unit multifamily investment opportunity located in Westminster, Colorado. Offered at approximately $800,000, the Property represents a rare opportunity to acquire a renovated, cash-flowing apartment asset at an attractive basis within one of Denver’s most desirable suburban rental markets. The Property offers investors a compelling combination of in-place income, projected yield growth from a 5.57% cap rate to a 6.40% Year 1 cap rate, limited deferred maintenance, and long-term rental demand driven by its desirable Westminster location.
Property Facts
| Price Per Unit | $200,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.38 AC |
| Cap Rate | 5.57% | Building Size | 2,944 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 4.76/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-4, County | ||
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| Cap Rate | 5.57% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 2,944 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Parking Ratio | 4.76/1,000 SF |
| Zoning | R-4, County |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 730 |
Property Taxes
| Parcel Number | 1825-06-1-00-047 | Improvements Assessment | $39,250 |
| Land Assessment | $7,400 | Total Assessment | $46,650 |
Property Taxes
Parcel Number
1825-06-1-00-047
Land Assessment
$7,400
Improvements Assessment
$39,250
Total Assessment
$46,650
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