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931 N Denver Ave
Fort Lupton, CO 80621
North Denver Ave Apartments · Multifamily Property For Sale · 23 Units

INVESTMENT HIGHLIGHTS

  • NOI is calculated on a pro forma basis with current rent roll
  • Substantial capital improvements correcting all deferred property maintenance, Main sewer lines for apartment building replaced last year
  • Value add for 4 more approved mobile home sites, Future redevelopment opportunity
  • 23 Total units - 12 Apartments & 11 Mobile Homes, 8 of 12 apartment units renovated, 3 of 11 mobile home units renovated
  • Low Vacancy and Stabilized rental income, Low market rental inventory and low vacancy

PROPERTY FACTS

No. Units 23
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.81 AC
Building Size 13,200 SF
No. Stories 1
Year Built 1930
Parking Ratio 1.97/1,000 SF
Zoning C-1 - C-1

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 3 - 255 - 329
1+1 9 - 373 - 389
2+1 3 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R5283286
Land Assessment
$55,000
Improvements Assessment
$41,700
Total Assessment
$96,700
  • Listing ID: 31965467

  • Date on Market: 5/30/2024

  • Last Updated:

  • Address: 931 N Denver Ave, Fort Lupton, CO 80621

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