2932 Eliot Cir Westminster, CO 80030
Two side-by-side fourplexes in Westminster, offering income and upside.
Building Details
- Year built
- 1962
Source:
Elliman
Listing Agent: Brenton Hanes
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Westminster Multifamily Investment Opportunity
This property features two side-by-side fourplexes, totaling 8 units, located in Westminster, CO. Constructed in 1962, each building is approximately 3,518 square feet. The property is zoned R-4. Currently, the property is 50% occupied, presenting a value-add opportunity through lease-up and repositioning. The location is in a strong Westminster rental corridor, suitable for investors seeking to expand their portfolio with finance-friendly, small-balance multifamily properties in a high-demand market. Buyers may be able to take advantage of Fannie Mae financing, creating more flexibility in loan structure, down payment, and long-term hold strategy compared to larger commercial multifamily.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Adams
- State
- Colorado
- Longitude
- -105.0233287
- Latitude
- 39.8283108
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FAQs
What type of property is this?
Quadplex - Two side-by-side fourplexes in Westminster, offering income and upside.
Where is this quadplex located?
The property is located at 2932 Eliot Cir Westminster, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: - Two side-by-side 4-plexes offer a small-multifamily opportunity with 8 units total.; - Fannie Mae financing eligibility provides flexibility in loan structure and down payment.; - Value-add upside through lease-up and repositioning due to current 50% occupancy.