Willow Grove Apartment
For Sale
Contact for pricing
5851 W 30th Ave, Wheat Ridge, CO 80214
Updated multifamily property with varied unit layouts, private yards, attached garages, and separately metered utilities.
Property Size12,109 SF
Price / SF$218.85
Days on Market117
Property Features for 5851 W 30th Ave
General Information
Standard status
Active
Size
12,109 SF
Total Parking Spaces
9
Property subtype
Multifamily
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$178,678
Units
Unit Mix
2 x 1BR, 7 x 2BR, 3 x 3BR
Multifamily Units
12
Additional Details
Utilities to Site
Yes
Amenities
in-unit laundry
private yards
attached garages
Building Details
Year Built
1948
Year Renovated
2024
Buildings
1
Units
12
Tenancy
Multi
Listing Agency:
NORTHPEAK Commercial Advisors
(720) 738-1944
Listed By:
Hunter Schaefer · License #FA100086469
Source:
Crexi
Added: May 8
Changed: Aug 29
Last Checked: Aug 29 at 6:18PM
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 NORTHPEAK Commercial Advisors
Investment Insights
Based on property information with market context.
Willow Grove is a 12-unit apartment property totaling 12,109 square feet and built in 1948. The unit mix includes two one-bedroom apartments, seven two-bedroom apartments, and three three-bedroom apartments. Several residences offer private yards, while attached garages and side-by-side layouts with front and rear entrances add functional features. In-unit laundry is also provided.
The property has received substantial work to both the apartments and building systems. Improvements include a new roof, electrical panels, exterior upgrades, and common-area enhancements. Most units have also received kitchens, bathrooms, and flooring updates within the last 2 years. Gas and electric service are separately metered, allowing tenants to pay those utilities directly.
The community is positioned between Sloan's Lake and Wheat Ridge’s main street area, with shopping and dining options at Edgewater Public Market, 38th, and the Tennyson Corridor.
The property has received substantial work to both the apartments and building systems. Improvements include a new roof, electrical panels, exterior upgrades, and common-area enhancements. Most units have also received kitchens, bathrooms, and flooring updates within the last 2 years. Gas and electric service are separately metered, allowing tenants to pay those utilities directly.
The community is positioned between Sloan's Lake and Wheat Ridge’s main street area, with shopping and dining options at Edgewater Public Market, 38th, and the Tennyson Corridor.
Key Highlights
- 12‑unit apartment property totaling 12,109 square feet
- Unit mix includes 2 one‑bedroom, 7 two‑bedroom, and 3 three‑bedroom apartments
- Recent improvements include a new roof, electrical panels, exterior, and common areas
Property Analytics
Current Use
Lease Details
12
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
Explore this area
Business Placement
Demographics for 80214, CO
26,493
Population
13,298
Households
2
Avg Household Size
36
Median Age
39%
College-Educated
89%
High-School Grad
4.7 sq mi
ZIP Area
5,637
Density / Sq Mi
$74,259
Median Household Income
$48,094
Median Earnings
$1,516
Median Rent
$519,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated multifamily property with varied unit layouts, private yards, attached garages, and separately metered utilities.
Where is this apartment building located?
The property is located at 5851 W 30th Ave Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 12‑unit apartment property totaling 12,109 square feet; Unit mix includes 2 one‑bedroom, 7 two‑bedroom, and 3 three‑bedroom apartments; Recent improvements include a new roof, electrical panels, exterior, and common areas
