Arvada Multifamily Property
7750 W 61st Ave Arvada, CO 80004
7750 W 61st Ave, Arvada, CO, 80004
$3,550,000
For Sale
$3,550,000
Multifamily property near Olde Town Arvada and Light Rail.
Property Size13,224 SF
Price / SF$268.45
Days on Market238
Property Features for 7750 W 61st Ave
General Information
- Standard status
- Active
- Size
- 13,224 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1959
Listing Agency
Pinnacle Real Estate Advisors
(303) 962-9559
Listed by
Josh Newell · License #FA100001439
Source
Pinnaclerea
Added: Nov 21, 2025 Checked: Jul 16 at 3:59 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 is located in Arvada, Colorado, and contains 13,224 square feet. It is situated approximately 1/4 mile from Olde Town Arvada and a Light Rail station. The property may be suitable for residential income purposes.
Key Highlights
- Just Sold - High Demand Area
- Priced at $221k/Unit
- Prime Location: 1/4 Mile to Olde Town Arvada
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 | $307.9k | $23.28 |
| − Vacancy | −$23.1k | −$1.75 |
| EGI | $284.8k | $21.53 |
| − OpEx | −$128.1k | −$9.69 |
| NOI | $156.6k | $11.84 |
13,224 SF · lease $23.28/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.24M
$1.96M – $2.61M
NOI $156,621 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.54M
$3.09M – $4.13M
NOI $247,553 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Multifamily property near Olde Town Arvada and Light Rail.
Where is this apartment building located?
The property is located at 7750 W 61st Ave Arvada, CO.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: Just Sold - High Demand Area; Priced at $221k/Unit; **Prime Location: 1/4 Mile to Olde Town Arvada**
