Single-Story Three-Unit
New
For Sale
$469,999
801 Denver Ave, Fort Lupton, CO 80621
Updated interiors include refreshed kitchens, bathrooms, laminate flooring, and dedicated storage for each residence.
Property Size1,260 SF
Price / SF$373.02
Days on Market2
Property Features for 801 Denver Ave
General Information
Standard status
Active
Size
1,260 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
3 x 1BR
Multifamily Units
3
Additional Details
Average Monthly Rent
$1,200
Amenities
covered front porch
off-street parking
secure on-site storage
laminate flooring
updated bathrooms
refreshed kitchens
Building Details
Year Built
1963
Buildings
1
Stories
1
Listing Agency:
LIV Sotheby's International Realty
Listed By:
Chantel Sandoval · License #IRE55042648
Source:
Findyournocohome
Added: Sep 2
Last Checked: Sep 2 at 1:04PM
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 LIV Sotheby's International Realty
Investment Insights
Based on property information with market context.
This single-level triplex contains three one-bedroom residences, each with a covered front porch, off-street parking, and secure storage on site. Interior features include laminate flooring, updated bathrooms, and refreshed kitchens. The roof is less than three years old, and the sewer line was replaced approximately five years ago.
The property is located at 801 Denver Ave in Fort Lupton, within walking distance of downtown shopping, dining, and local amenities. The building is currently configured as residential rental housing and also offers stated flexibility for potential commercial use.
The property is located at 801 Denver Ave in Fort Lupton, within walking distance of downtown shopping, dining, and local amenities. The building is currently configured as residential rental housing and also offers stated flexibility for potential commercial use.
Key Highlights
- Three one‑bedroom units in a single‑story triplex
- Covered front porches, off‑street parking, and secure on‑site storage
- Updated bathrooms, refreshed kitchens, and laminate flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,501
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$290,020
$290.0K
Cap Rate 7%
$207,157
$207.2K
Cap Rate 9%
$161,122
$161.1K
Market Conditions
NOI Build-Up for 1,260 SF
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.
Gross rent
$21.9K $17.40/SF
− Vacancy
−$1.2K −$0.96/SF
EGI
$20.7K $16.44/SF
− OpEx
−$6.2K −$4.93/SF
NOI
$14.5K $11.51/SF
Area
Weld County, CO
Vacancy
5.51%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$290,020
Cap Rate 7%
$207,157
Cap Rate 9%
$161,122
Alternative Uses
Best Use
Multifamily LT 5
$207.2K
$181.3K – $241.7K
NOI $14,501 @ 7.0% cap · market cap 3.09%
Second Best
Apartment 5plus
$190.2K
$166.5K – $222.0K
NOI $13,317 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office B
$229.6K
$200.9K – $267.9K
NOI $16,074 @ 7.0% cap · market cap 3.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Explore this area
Business Placement
Demographics for 80621, CO
13,343
Population
5,110
Households
2.6
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
126.6 sq mi
ZIP Area
105
Density / Sq Mi
$80,746
Median Household Income
$41,677
Median Earnings
$1,389
Median Rent
$425,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Updated interiors include refreshed kitchens, bathrooms, laminate flooring, and dedicated storage for each residence.
Where is this triplex located?
The property is located at 801 Denver Ave Fort Lupton, CO.
What is the asking price?
The asking price for this property is $469,999.
What are key features of this property?
This property features: Three one‑bedroom units in a single‑story triplex; Covered front porches, off‑street parking, and secure on‑site storage; Updated bathrooms, refreshed kitchens, and laminate flooring throughout
