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Arvada Apartment Building For Sale

5351 Everett Street Arvada, CO 80002

5351 Everett Street, Arvada, CO, 80002
$2,400,000
For Sale
Claim this Listing
$2,400,000

20-unit apartment building in Arvada, Colorado.

Property Size16,468 SF
Price / SF$145.74
AddedNov 21, 2025
Days on Market236
Last RefreshJul 15 at 11:34 am

Property Features for 5351 Everett Street

General Information

Standard status
Active
Size
16,468 SF
Property subtype
Multifamily

Listing office Pinnacle Real Estate Advisors

Listing date Nov 21, 2025

Source Pinnaclerea

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 is a 16,468 square foot apartment building located in Arvada, Colorado. The building contains 20 units.

Key Highlights

  • 20 unit apartment building
  • Located in Arvada
  • Just sold

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $383.4k $23.28
− Vacancy −$28.8k −$1.75
EGI $354.6k $21.53
− OpEx −$159.6k −$9.69
NOI $195.0k $11.84
16,468 SF · lease $23.28/SF/yr · vacancy 7.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$2.79M
$2.44M – $3.25M (±1% cap)
NOI $195,042 @ 7.0% cap · market cap 8.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.40M
$3.85M – $5.14M (±1% cap)
NOI $308,281 @ 7.0% cap · market cap 12.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Daycare Center Travel Agency Grocery & Convenience Store Butcher Parking Lot & Garage (Bike/Boat/Book/etc) Store Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 20-unit apartment building in Arvada, Colorado.
Where is this apartment building located?
The property is located at 5351 Everett Street Arvada, CO.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 20 unit apartment building; Located in Arvada; Just sold
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More about this property
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