16680 W 11th Ave Avenue Golden, CO 80401
Stabilized multifamily property in Golden, Colorado with immediate yield.
Type:Commercial
Property size:
2,300 SF- Added:
- Mar 31, 2026
- Days on Market:
- 21
- Last Refresh:
- Mar 31 at 8:14 pm
Property Features for 16680 W 11th Ave Avenue
General Information
- Standard status
- Active
- Size
- 2,300 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing agent CLAYTON PRIMM License #100024161
Listing office MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES OF ATLANTA, INC. (303) 328-2050
Listing date Mar 31, 2026
Source Corcoran
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 MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES OF ATLANTA, INC.
Overview
Golden Multifamily Investment Opportunity
The property at 16680 W 11th Ave presents an opportunity to acquire a stabilized, cash-flowing multifamily asset. The property is currently 100% occupied with consistent rent collections. Current operations generate $56,674 NOI, with Year 1 NOI projected to climb to $64,011 through natural loss-to-lease burn-off, modest rent adjustments, and continued growth in utility bill-backs and ancillary revenue streams. This represents a 13% NOI increase with no major capital expenditure requirements. Rents average $1,300 ($2.83/SF) across efficient 1-BD and 2-BD layouts. The total rents remain $150–$300 below comparable Golden units. Comparable buildings routinely achieve $1,325–$1,750 depending on size and unit mix. The property size is 2,300 square feet. At a 6% interest rate and 65% LTV, buyers achieve Year 1 cash-on-cash of 10.37% and a 1.93 DCR. The property is ideal for private capital, 1031 buyers, and long-term operators seeking stable cash flow with upside.
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Golden
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.244
- Latitude
- 39.7164
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Stabilized multifamily property in Golden, Colorado with immediate yield.
Where is this multifamily property located?
The property is located at 16680 W 11th Ave Avenue Golden, CO.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: High In‑Place Cap Rate: 6.67% delivers immediate yield.; Significant NOI Growth Potential: Projected 13% increase in Year 1 NOI.; Substantial Rent Upside: Rents are $150-$300 below comparable units.
