Three 4-Plexes with Strong Rental
For Sale
$2,795,000
6651 6661 & 6671 E 63rd Place, Commerce City, CO 80022
Three individually deeded 4-plexes with a 7.69% CAP rate.
Property SizeContact for details
Days on Market167
Property Features for 6651 6661 & 6671 E 63rd Place
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$19,941
Building Details
Year Built
1999
Listing Agency:
Pinnacle Real Estate Advisors
(303) 962-9559
Listed By:
Josh Newell · License #100001439
(303) 962-9559
Source:
Exitrealty
Added: Mar 10
Changed: Aug 23
Last Checked: Jul 23 at 9:34AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
Explore this area
Business Placement
Demographics for 80022, CO
57,432
Population
19,929
Households
2.9
Avg Household Size
32
Median Age
22%
College-Educated
80%
High-School Grad
79.6 sq mi
ZIP Area
722
Density / Sq Mi
$98,858
Median Household Income
$50,575
Median Earnings
$1,507
Median Rent
$448,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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 Place 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.
