Well-Maintained 4-Unit Income
For Sale
$799,000
7110 Stuart St, Westminster, CO 80030
Four residential units with recent capital improvements and a current rent roll showing staggered tenant rents.
Property Size3,550 SF
Price / SF$225.07
Days on Market94
Property Features for 7110 Stuart St
General Information
Standard status
Active
Size
3,550 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
4
Building Details
Year Built
1962
Listing Agency:
Compass - Denver
Listed By:
Josh Steck · License #100006497
(303) 885-3934
Source:
Teamuniteddenver
Added: Jul 22
Changed: Oct 6
Last Checked: Oct 23 at 12:13PM
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 Compass - Denver
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4-unit residential income property at 7110 Stuart Street, Westminster, CO 80030 features a well-maintained building with multiple recent updates. The property has had a brand new water heater installed and a professionally cleaned sewer line. Additional capital work includes parking lot asphalt repairs, a newer roof, and updated decks throughout, and it has recently passed its annual city inspection.
The current rent roll includes one unit at $1,435, two units at $1,425, and one legacy tenant at $1,125. Laundry income is also referenced as part of the rent potential.
Location supports day-to-day access, with proximity to Westminster Station for RTD rail service and nearby shopping at Hidden Lake Shopping Center and Westminster Plaza. Easy access to I-25 and US-36 provides convenient connections across the Denver-Boulder metro area.
The current rent roll includes one unit at $1,435, two units at $1,425, and one legacy tenant at $1,125. Laundry income is also referenced as part of the rent potential.
Location supports day-to-day access, with proximity to Westminster Station for RTD rail service and nearby shopping at Hidden Lake Shopping Center and Westminster Plaza. Easy access to I-25 and US-36 provides convenient connections across the Denver-Boulder metro area.
Key Highlights
- Four‑unit residential investment property built in 1962 with a current rent roll of $1,435, two units at $1,425, and one unit at $1,125
- Recent capital improvements include a brand new water heater, professionally cleaned sewer line, and parking lot asphalt repairs
- Newer roof and updated decks throughout, plus the property recently passed the annual city inspection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,581
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,620
$1.0M
Cap Rate 7%
$736,871
$736.9K
Cap Rate 9%
$573,122
$573.1K
Market Conditions
NOI Build-Up for 3,550 SF
Gross rent
$78.8K $22.20/SF
− Vacancy
−$5.1K −$1.44/SF
EGI
$73.7K $20.76/SF
− OpEx
−$22.1K −$6.23/SF
NOI
$51.6K $14.53/SF
Area
Westminster, CO
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,620
Cap Rate 7%
$736,871
Cap Rate 9%
$573,122
Alternative Uses
Best Use
Multifamily LT 5
$736.9K
$644.8K – $859.7K
NOI $51,581 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$652.0K
$570.5K – $760.7K
NOI $45,639 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$1.04M
$907.9K – $1.21M
NOI $72,633 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
Explore this area
Business Placement
Demographics for 80030, CO
15,885
Population
6,823
Households
2.3
Avg Household Size
36
Median Age
30%
College-Educated
87%
High-School Grad
2.6 sq mi
ZIP Area
6,110
Density / Sq Mi
$61,964
Median Household Income
$43,004
Median Earnings
$1,296
Median Rent
$422,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units with recent capital improvements and a current rent roll showing staggered tenant rents.
Where is this quadplex located?
The property is located at 7110 Stuart St Westminster, CO.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four‑unit residential investment property built in 1962 with a current rent roll of $1,435, two units at $1,425, and one unit at $1,125; Recent capital improvements include a brand new water heater, professionally cleaned sewer line, and parking lot asphalt repairs; Newer roof and updated decks throughout, plus the property recently passed the annual city inspection
