403 23 Ave Golden, CO 80401
Eleven-unit apartment community near Colorado School of Mines.
Property size:
6,220 SFProperty Features for 403 23 Ave
General Information
- Size
- 6,220 SF
Building Details
- Year built
- 1929
Source:
Pinnaclerea
Listing Agent: Jim Knowlton
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Golden CO Multifamily Investment Opportunity
Located in Golden, Colorado, this property features an 11-unit apartment community consisting of three buildings on a 26,250 square foot parcel. The unit mix includes three 2-bedroom/1-bath units and eight 1-bedroom/1-bath units. The property is fully occupied with near-zero annual vacancy and low turnover, housing mostly young professionals working in Golden and students from the Colorado School of Mines. All units have been updated, with six fully renovated. New roofs were installed in 2018. The property is located 1.5 miles from the Coors redevelopment project at Clayworks, which will add 1.2 million square feet of new office, residential, hotel, and retail space to the area. The property is one block from Natural Grocers and a 10-minute walk to the School of Mines campus. The area offers a blend of historic charm and modern amenities, with proximity to the Colorado School of Mines, Clear Creek, Clear Creek History Park, and North Table Mountain. The lively downtown area provides dining, shopping, and entertainment options. The property consists of a 5-Plex, 4-Plex, and Duplex.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Golden
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.244
- Latitude
- 39.7164
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FAQs
What type of property is this?
Apartment building - Eleven-unit apartment community near Colorado School of Mines.
Where is this apartment building located?
The property is located at 403 23 Ave Golden, CO.
What is the asking price?
The asking price for this property is $2,662,500.
What are key features of this property?
This property features: - Assumable financing available at a low 4.2% for the next 6 years.; - Proven investment with low vacancy and low turnover, indicating stable income.; - Proximity to the Coors Redevelopment Project at Clayworks (1.5 miles), promising future appreciation and tenant demand.