7115 Stuart St, Westminster, CO 80030

$765,000
8
BD
4
BA
3,000
SqFt

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Listing courtesy of Charles Burkhart.

charles.burkhart@marcusmillichap.com,214-336-6064

List Price
$765,000
Status
ACTIVE
Price Change
▼ $10,000 1792027768
MLS#
8789759
Subtype
Residential Income
Year Built
1962
Bedrooms
8
Bathrooms
4
Living Area
3,000
Subdivision
n/a
Neighborhood
Metro7/NSW
MLS Area Major
Metro Denver

Property Description

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.?

Additional Information

Taxes
$4,388
Heating
Baseboard
Levels
One
Roof
Other
Parking Features
Detached
Garage Spaces
4
School District
Westminster Public Schools
Elementary School
Westminster
Middle School
Tennyson Knolls
High School
Westminster

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