Renovated Townhome-Style
10717 W 38th Ave Wheat Ridge, CO 80033
10717 W 38th Ave, Wheat Ridge, CO, 80033
$1,699,000
Pending
For Sale
$1,699,000
Pending
Renovated two-story units with private yards and recent exterior and interior upgrades for stable residential income.
Days on Market50
Property Features for 10717 W 38th Ave
General Information
- Standard status
- Pending
- Property subtype
- Commercial
Building Details
- Year Built
- 1969
Listing agency
Pinnacle Real Estate Advisors
(303) 962-9559
Listed by
Josh Newell · License #FA100001439
(303) 962-9559
Source
Elliman
Added: Jun 3 Updated: Jul 10 at 1:51PM Checked: Jul 22 at 12:26PM
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Investment Insights
Based on property information with market context.
The property is a multifamily apartment building with townhome-style, two-story units that feature private yards. Interiors have been fully renovated, including new kitchen cabinets and granite countertops, updated flooring, remodeled bathrooms, and additional finishes. Recent capital improvements include a new roof in 2017, windows and siding in 2019, a parking lot update in 2021, and individual patio updates in 2021. Tenant storage lockers and a community BBQ area are also provided.
The asset is described as located in the West Wheat Ridge / Applewood submarket. The public remarks also note a trailing 12-month vacancy of 0.20% and a 7.47% current CAP rate. Transit and walkability are characterized as limited, with the bike score listed at 59 (bikeable), walk score at 32 (car-dependent), and transit score at 30 (some transit).
For investors or operators seeking a residential income property, the combination of renovated interiors, private outdoor space, and documented recent exterior and site improvements may support ongoing tenant appeal. The presence of on-site storage and a community BBQ area adds practical resident amenities, while the parking lot updates can help maintain day-to-day convenience for tenants.
The asset is described as located in the West Wheat Ridge / Applewood submarket. The public remarks also note a trailing 12-month vacancy of 0.20% and a 7.47% current CAP rate. Transit and walkability are characterized as limited, with the bike score listed at 59 (bikeable), walk score at 32 (car-dependent), and transit score at 30 (some transit).
For investors or operators seeking a residential income property, the combination of renovated interiors, private outdoor space, and documented recent exterior and site improvements may support ongoing tenant appeal. The presence of on-site storage and a community BBQ area adds practical resident amenities, while the parking lot updates can help maintain day-to-day convenience for tenants.
Key Highlights
- 1969‑built multi‑unit property with renovated two‑story townhome‑style units and private yards
- Recent capital improvements: new roof (2017), windows & siding (2019), parking lot (2021), and patio updates (2021)
- Fully renovated interiors with new kitchen cabinets, granite countertops, updated flooring, and remodeled bathrooms
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Renovated two-story units with private yards and recent exterior and interior upgrades for stable residential income.
Where is this apartment building located?
The property is located at 10717 W 38th Ave Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 1969‑built multi‑unit property with renovated two‑story townhome‑style units and private yards; Recent capital improvements: new roof (2017), windows & siding (2019), parking lot (2021), and patio updates (2021); Fully renovated interiors with new kitchen cabinets, granite countertops, updated flooring, and remodeled bathrooms
