Arvada Multifamily Investment
6203 & 6215 Dover Street Arvada, CO 80004
6203 & 6215 Dover Street, Arvada, CO, 80004
$1,615,000
For Sale
$1,615,000
Multifamily property in Arvada, Colorado. Contact broker for details.
Property Size9,936 SF
Price / SF$162.54
Days on Market238
Property Features for 6203 & 6215 Dover Street
General Information
- Standard status
- Active
- Size
- 9,936 SF
- Property subtype
- Multifamily
Listing Agency
Pinnacle Real Estate Advisors
(719) 651-8495
Listed by
Jim Knowlton · License #FA100032419
(719) 651-8495
Source
Pinnaclerea
Added: Nov 21, 2025 Checked: Jul 17 at 3:29 am
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 multifamily property, located in Arvada, Colorado, offers a total property size of 9936 square feet. Contact the broker for further details regarding this investment opportunity.
Key Highlights
- Contact Broker for Details
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 | $231.3k | $23.28 |
| − Vacancy | −$17.3k | −$1.75 |
| EGI | $214.0k | $21.53 |
| − OpEx | −$96.3k | −$9.69 |
| NOI | $117.7k | $11.84 |
9,936 SF · lease $23.28/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.68M
$1.47M – $1.96M
NOI $117,679 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.66M
$2.33M – $3.10M
NOI $186,002 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dover Street Apartments
Apartment Building
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - Multifamily property in Arvada, Colorado. Contact broker for details.
Where is this multifamily property located?
The property is located at 6203 & 6215 Dover Street Arvada, CO.
What is the asking price?
The asking price for this property is $1,615,000.
What are key features of this property?
This property features: Contact Broker for Details
