Duplex with Finished Walk-Out
New
For Sale
$650,000
8429 W 93rd Ct, Westminster, CO 80021
A lower-level family room with a wet bar opens directly to the backyard.
Property Size2,506 SF
Days on Market5
Property Features for 8429 W 93rd Ct
General Information
Standard status
Active
Size
2,506 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,221
Building Details
Building Size
2,506 SF
Year Built
2016
Listing Agency:
MB Beck \u0026 Associates Real Estate
Listed By:
Travis Beck · License #40010282
(303) 523-5750
Source:
Corken
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 3:53PM
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 MB Beck \u0026 Associates Real Estate
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Investment Insights
Based on property information with market context.
Built in 2016, this duplex features a finished walk-out basement with a family room and wet bar. The kitchen has granite counters, a center island, and ample cabinetry, while high ceilings and recessed lighting add to the interior’s open feel. The primary bedroom connects to an upper covered deck, and its bathroom has a dual-sink vanity and walk-in closet.
Outdoor areas include a covered patio, covered deck, and landscaped yard. The property sits at the end of a court.
Outdoor areas include a covered patio, covered deck, and landscaped yard. The property sits at the end of a court.
Key Highlights
- Finished walk‑out basement with family room and backyard access
- Wet bar with cabinetry, granite counters, sink, and mini refrigerator
- Kitchen with granite counters and center island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,412
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,240
$728.2K
Cap Rate 7%
$520,171
$520.2K
Cap Rate 9%
$404,578
$404.6K
Market Conditions
NOI Build-Up for 2,506 SF
Gross rent
$55.6K $22.20/SF
− Vacancy
−$3.6K −$1.44/SF
EGI
$52.0K $20.76/SF
− OpEx
−$15.6K −$6.23/SF
NOI
$36.4K $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%
$728,240
Cap Rate 7%
$520,171
Cap Rate 9%
$404,578
Alternative Uses
Best Use
Multifamily LT 5
$520.2K
$455.2K – $606.9K
NOI $36,412 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$460.2K
$402.7K – $537.0K
NOI $32,217 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$732.5K
$640.9K – $854.6K
NOI $51,273 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
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Business Placement
Demographics for 80021, CO
36,176
Population
17,353
Households
2.1
Avg Household Size
36
Median Age
53%
College-Educated
98%
High-School Grad
16.5 sq mi
ZIP Area
2,192
Density / Sq Mi
$105,645
Median Household Income
$59,947
Median Earnings
$2,054
Median Rent
$530,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A lower-level family room with a wet bar opens directly to the backyard.
Where is this duplex located?
The property is located at 8429 W 93rd Ct Westminster, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Finished walk‑out basement with family room and backyard access; Wet bar with cabinetry, granite counters, sink, and mini refrigerator; Kitchen with granite counters and center island
