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    7655 W 67th Ave Arvada, CO 80004

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    Well-maintained 69-unit apartment complex in Arvada, Colorado.

    Type:Multifamily
    Property size:
    55,204 SF
    Price / SF:
    $183/SF
    Added:
    Nov 18, 2024
    Days on Market:
    528
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 7655 W 67th Ave

    General Information

    Standard status
    Active
    Size
    55,204 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1967

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    Listing Contact
    Andrew Vollert

    Listing agent Andrew Vollert License #FA100097790

    Listing office Kaufman Hagan Commercial Real Estate

    Listing date Nov 18, 2024

    Source Crexi

    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 Kaufman Hagan Commercial Real Estate


    Overview

    Arvada Multifamily Investment Opportunity

    Cinnamon Ridge Apartments is a residential property in Arvada, Colorado, offering a blend of suburban charm and urban convenience. The location provides access to amenities, parks, shopping centers, and dining options. Arvada's community atmosphere, proximity to employment centers, and public transportation enhance its appeal. The local real estate market is experiencing growth, enhancing the investment potential. The property consists of 69 units, including 1 studio, 22 one-bedroom, and 46 two-bedroom apartments. There is an opportunity to convert the existing leasing office into a 70th unit. Upgrades include a new roof, energy-efficient windows, an updated boiler, and modern electrical panels, improving the property’s appeal and operational efficiency. The management team has a strategy to improve rental rates, and a new operator can identify opportunities through cosmetic renovations to achieve market rents. The property size is 55204 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cinnamon Ridge Apartments Apartment Building

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arvada
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.0823966
    Latitude
    39.8187802

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 69-unit apartment complex in Arvada, Colorado.
    Where is this apartment building located?
    The property is located at 7655 W 67th Ave Arvada, CO.
    What is the asking price?
    The asking price for this property is $10,150,000.
    What are key features of this property?
    This property features: Prime Arvada location with easy access to amenities, parks, shopping, dining, employment centers, and public transportation.; Recent substantial upgrades including a new roof, energy‑efficient windows, updated boiler, and modern electrical panels.; Opportunity to convert the existing leasing office into a 70th unit.
    More about this property
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