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Duplex with Finished Basement

11167 Bryant Mews, Westminster, CO 80234

For Sale
$490,000

The lower level adds two bedrooms, a living area, a full bath, and utility-room storage.

Property Size1,997 SF
Price / SF$245.37
Days on Market217

Property Features for 11167 Bryant Mews

General Information

Standard status Active
Size 1,997 SF
Total Parking Spaces 2
Property subtype Duplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,723

Building Details

Building Size 1,997 SF
Year Built 2006
Buildings 1
Listing Agency: Grace Management & Invest.
Listed By: Jessica Burrow · License CO #100072795
Source: Patrickbrowngroup
Added: Apr 10 Changed: Nov 10 Last Checked: Nov 11 at 7:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grace Management & Invest.

Rey
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Investment Insights

Based on property information with market context.

Built in 2006, this 1,997-square-foot duplex has a main-level primary bedroom with a five-piece bathroom, plus a formal dining area, kitchen, family room, half bath, and laundry room. The kitchen includes stainless steel appliances, a breakfast bar, and an eat-in area. A gas fireplace and vaulted ceilings distinguish the family room. The finished basement contains two bedrooms with garden-level windows, a living room, a full bathroom with a separate powder room, and an unfinished utility room. An oversized two-car garage has built-in storage.

Outdoor features include a back deck, fenced yard, and sprinkler system. The property is in the Cedar Bridge community, next to NorthWest Open Space and near a playground and walking trails. Mountain views are noted from the deck.

Key Highlights

  • 1,997‑square‑foot duplex built in 2006
  • Finished basement with two bedrooms, living room, full bathroom, separate powder room, and unfinished utility room
  • Main‑level primary bedroom with five‑piece bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,016
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,320 $580.3K
Cap Rate 7%
$414,514 $414.5K
Cap Rate 9%
$322,400 $322.4K
Market Conditions
NOI Build-Up for 1,997 SF
Gross rent
$44.3K $22.20/SF
− Vacancy
−$2.9K −$1.44/SF
EGI
$41.5K $20.76/SF
− OpEx
−$12.4K −$6.23/SF
NOI
$29.0K $14.53/SF
Area
Westminster, CO
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,320
Cap Rate 7%
$414,514
Cap Rate 9%
$322,400

Alternative Uses

Best Use
Multifamily LT 5
$414.5K
$362.7K – $483.6K (±1% cap)
NOI $29,016 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$366.8K
$320.9K – $427.9K (±1% cap)
NOI $25,673 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$583.7K
$510.7K – $681.0K (±1% cap)
NOI $40,859 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby

Demographics for 80234, CO

29,660
Population
12,814
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
4,237
Density / Sq Mi
$88,714
Median Household Income
$50,926
Median Earnings
$1,772
Median Rent
$493,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The lower level adds two bedrooms, a living area, a full bath, and utility-room storage.
Where is this duplex located?
The property is located at 11167 Bryant Mews Westminster, CO.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 1,997‑square‑foot duplex built in 2006; Finished basement with two bedrooms, living room, full bathroom, separate powder room, and unfinished utility room; Main‑level primary bedroom with five‑piece bathroom
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