Renovated Quadplex
For Sale
$895,000
8726 W 54th Place, Arvada, CO 80002
Four-unit multifamily property with 2,432 SF of space, built in 1960 and renovated in 2018.
Property Size2,432 SF
Price / SF$368.01
Days on Market28
Property Features for 8726 W 54th Place
General Information
Standard status
Active
Size
2,432 SF
Property subtype
Quadruplex
Taxes and HOA fees
Annual Taxes
$6,604
Building Details
Building Size
2,432 SF
Year Built
1960
Year Renovated
2018
Tenancy
Multi
Listing Agency:
Unique Properties LLC
(214) 616-2695
Listed By:
Elliott Polanchyck
Source:
Eliselosassore
Added: Jul 27
Changed: Aug 23
Last Checked: Aug 22 at 7:17AM
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 Unique Properties LLC
Investment Insights
Based on property information with market context.
This for-sale multifamily property is a quadplex offering four residential units in a 1960 building. The property totals 2,432 SF and was renovated in 2018, with each residence designed to provide modern living comfort.
BikeScore is listed at 52 (bikeable), with WalkScore at 31 (car-dependent) and TransitScore at 37 (some transit).
The asset is configured as a four-unit income property and is presented as an investment opportunity for portfolio additions.
BikeScore is listed at 52 (bikeable), with WalkScore at 31 (car-dependent) and TransitScore at 37 (some transit).
The asset is configured as a four-unit income property and is presented as an investment opportunity for portfolio additions.
Key Highlights
- 4‑unit multifamily building offering 2,432 SF of total space
- Built in 1960
- Renovated in 2018
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
$31,308
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
3.50%
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%
$626,160
$626.2K
Cap Rate 7%
$447,257
$447.3K
Cap Rate 9%
$347,867
$347.9K
Market Conditions
NOI Build-Up for 2,432 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
$48.2K $19.80/SF
− Vacancy
−$3.4K −$1.41/SF
EGI
$44.7K $18.39/SF
− OpEx
−$13.4K −$5.52/SF
NOI
$31.3K $12.87/SF
Area
Arvada, CO
Vacancy
7.12%
Lease Rate
$19.80 /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%
$626,160
Cap Rate 7%
$447,257
Cap Rate 9%
$347,867
Alternative Uses
Best Use
Multifamily LT 5
$447.3K
$391.4K – $521.8K
NOI $31,308 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$411.5K
$360.1K – $480.1K
NOI $28,804 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$650.4K
$569.1K – $758.8K
NOI $45,527 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Explore this area
Business Placement
Demographics for 80002, CO
20,267
Population
9,960
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
90%
High-School Grad
6.5 sq mi
ZIP Area
3,118
Density / Sq Mi
$92,827
Median Household Income
$55,044
Median Earnings
$1,733
Median Rent
$538,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property with 2,432 SF of space, built in 1960 and renovated in 2018.
Where is this quadplex located?
The property is located at 8726 W 54th Place Arvada, CO.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 4‑unit multifamily building offering 2,432 SF of total space; Built in 1960; Renovated in 2018
