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8726 W 54th Pl 4 Unit Apartment Building $895,000 ($223,750/Unit) 4.68% Cap Rate Arvada, CO 80002
Executive Summary
Introducing a prime investment opportunity in Arvada, CO! This 2,432 SF multifamily property boasts 4 units within a charming 1960 build, recently renovated in 2018. Each residence offers modern comfort and convenience, making it an attractive prospect for discerning high-rise investors. With its strategic location and attractive features, this property presents a solid potential for capital growth and income generation. Don't miss out on this rare chance to add a sought-after asset to your portfolio.
Property Facts
| Price | $895,000 | Apartment Style | Low-Rise |
| Price Per Unit | $223,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 4.68% | Building Size | 2,432 SF |
| Gross Rent Multiplier | 15.07 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2018 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $895,000 |
| Price Per Unit | $223,750 |
| Sale Type | Investment |
| Cap Rate | 4.68% |
| Gross Rent Multiplier | 15.07 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,432 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2018 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,238 | 608 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 39-151-13-003 | Improvements Assessment | $57,783 |
| Land Assessment | $6,263 | Total Assessment | $64,046 |
Property Taxes
Parcel Number
39-151-13-003
Land Assessment
$6,263
Improvements Assessment
$57,783
Total Assessment
$64,046
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8726 W 54th Pl
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