7115-7121 Stuart Street, Westminster, CO 80030
Well-maintained four-unit multifamily property in Westminster with renovated interiors and in-place income.
- Added:
- Jun 8, 2026
- Days on Market:
- 20
- Last Refresh:
- Jun 20 at 4:35 am
Property Features for 7115-7121 Stuart Street
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1962
Listing office Marcus & Millichap - Denver
Listing date Jun 8, 2026
Source Crexi
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HighLights
- Four‑unit multifamily property at 7115‑7121 Stuart Street in Westminster, Colorado
- Built in 1962
- Renovated interiors
- Offered at approximately $800,000
- Stated cap rate of 5.57%, with projected 6.40% Year 1 cap rate
Overview
The offering is for sale and is presented as an investment opportunity in one of Denver’s most desirable suburban rental markets, according to the seller’s remarks. The asset includes four units across the 7115–7121 Stuart Street address. The materials also reference a current performance outlook, including a stated 5.57% cap rate and a projected increase to a 6.40% Year 1 cap rate.
For investors or owner-operators looking for a small residential income property, the four-unit configuration can offer manageable scale while benefiting from the property’s renovated condition and in-place income characteristics cited in the offering summary. As presented, the asset is intended to appeal to buyers seeking an apartment building with deferred maintenance constraints and an expected near-term improvement reflected in the provided cap rate projections.
Local Financial Insights For Multifamily LT 5
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 | $66.6k | $22.20 |
| − Vacancy | −$4.3k | −$1.44 |
| EGI | $62.3k | $20.76 |
| − OpEx | −$18.7k | −$6.23 |
| NOI | $43.6k | $14.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Adams
- State
- Colorado
- Longitude
- -105.0433389
- Latitude
- 39.8255918
