10345 West 41St Ave Wheat Ridge, CO 80033
Seven-unit property with strong income history near Clear Creek Open Space.
Property size:
3,973 SFProperty Features for 10345 West 41St Ave
General Information
- Size
- 3,973 SF
Building Details
- Year built
- 1962
Source:
Pinnaclerea
Listing Agent: Connor Knutson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Wheat Ridge Seven-Unit Multifamily Property
This seven-unit property is located in Wheat Ridge, adjacent to Clear Creek Open Space. The property has a history of strong and stable Net Operating Income, outperforming comparable assets of similar size. Situated just off Kipling, in a quiet Wheat Ridge neighborhood, the property backs directly onto the Clear Creek Trail and over 300 acres of open space, providing easy access to walking and biking paths. It is also located close to Sprouts Farmers Market, the Applewood Retail Center, and the Clear Creek development. The property consists of three single-story buildings. A comprehensive renovation has been completed, including fully updated interiors, roofs, windows, and electrical systems. The property operates efficiently with low ongoing capital needs. Six large garages and storage units offer additional income. The property has a 6.29% current CAP Rate. It is in close proximity to the SCL Health Medical Campus, Gold’s Marketplace Redevelopment, and ample retail. The property has a stable tenant base with minimal turnover. The neighborhood has excellent demographics, with a $102k average household income within a 2-mile radius. The property size is 3973 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Wheat Ridge
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.1131728
- Latitude
- 39.773554
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Seven-unit property with strong income history near Clear Creek Open Space.
Where is this apartment building located?
The property is located at 10345 West 41St Ave Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: - Multi-Year History of Exceptionally Strong and Stable Net Operating Income, Outperforming Comparable Assets; - Enjoy a 6.29% Current CAP Rate; - Backs to Clear Creek Trail & 300 Acres of Open Space