Three 4-Plexes with Strong Rental
6651 6661 & 6671 E 63rd Pl Commerce City, CO 80022
6651 6661 & 6671 E 63rd Pl, Commerce City, CO, 80022
$2,795,000
For Sale
$2,795,000
Three individually deeded 4-plexes with a 7.69% CAP rate.
Days on Market89
Property Features for 6651 6661 & 6671 E 63rd Pl
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing agency
Pinnacle Real Estate Advisors
(303) 962-9559
Listed by
Josh Newell · License #FA100001439
(303) 962-9559
Source
Elliman
Added: Apr 24 Updated: Jul 10 at 1:29PM Checked: Jul 21 at 8:18AM
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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This property features a $150,000 price reduction and a 7.69% current CAP rate. It consists of three individually deeded 4-plexes, constructed in 1999. Each unit is large, featuring three bedrooms and one bathroom. The property has a strong rental history with a low vacancy rate of just 1.13% in the last 12 months. Recent capital improvements include a newer roof, exterior paint, and furnaces. Each unit includes washer/dryer hookups, a furnace, and a hot water heater. The property also offers large, private backyards. It provides quick access to I-270, downtown Denver, and Denver International Airport. A future exit strategy could involve selling each 4-plex individually. The location has a bike score of 65, indicating it is bikeable, and a transit score of 28, suggesting some transit options are available. The property has strong historical occupancy.
Key Highlights
- $150,000 Price Reduction makes this an excellent investment opportunity.
- Enjoy a solid 7.69% Current CAP Rate.
- Three Individually Deeded 4‑Plexes offer flexibility.
Property Analytics
Property Profile
Location Intelligence
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Quadplexes
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FAQs
What type of property is this?
Quadplex - Three individually deeded 4-plexes with a 7.69% CAP rate.
Where is this quadplex located?
The property is located at 6651 6661 & 6671 E 63rd Pl Commerce City, CO.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: $150,000 Price Reduction makes this an excellent investment opportunity.; Enjoy a solid 7.69% Current CAP Rate.; Three Individually Deeded 4‑Plexes offer flexibility.
