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7649 W 32nd Ave
Wheat Ridge, CO 80033
Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Building Size | 7,350 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 2.04/1,000 SF |
| Lot Size | 0.47 AC |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 7,350 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1959 |
| Parking Ratio | 2.04/1,000 SF |
AMENITIES
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
ABOUT 7649 W 32ND AVE , WHEAT RIDGE, CO 80033
Built in 1959, 7649 West 32nd Avenue is a well-maintained ten-unit apartment complex at the intersection of West 32nd Ave and Wadsworth Boulevard in Wheat Ridge. The property consists of a single-story all-brick construction building with front and rear entrances for each unit, a newer pitched roof (replaced in 2017) and double-paned windows. There are nine two-bedroom/one-bath units (725 sqft) and one three-bedroom/one-bath unit (825 sqft). Most of the units have refinished hardwood floors with updates to kitchens and bathrooms. The units are individually metered for gas and electricity with individual forced air furnaces and hot water heaters. It is master metered for water and sewer, paid by the owner. The property has a strong rental history with little-to-no vacancy within the last five years. There is an on-site laundry room providing additional income with the machines owned by a third party. Off-street parking is provided with 15 spots located on the south side of the property, along West 32nd Avenue. 7649 West 32nd Avenue is one mile south of The Corners Redevelopment. The Corners Redevelopment project is a 40,000 sqft retail development that will include tenants such as Tokyo Joes, Lucky's Food Mart, Chipotle, and Verizon. Lucky's Food Mart is operating with the rest of the retail expected to be completed by the end of 2019.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 9 | - | 725 |
| 3+1 | 1 | - | 825 |
PROPERTY TAXES
| Parcel Number | 39-262-00-037 | Improvements Assessment | $107,022 |
| Land Assessment | $27,260 | Total Assessment | $134,282 |
PROPERTY TAXES
