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Property profile & analytics
OFF-MARKET
Commercial real estate

6680 63Rd Pl Commerce City, CO 80022

1,400 SF 0.26 ac lot Built 1947
Property ID
US13-1032868
Property summary
AI-generated overview

This exceptional investment opportunity presents a charming two-unit apartment building nestled in Commerce City, Colorado. Situated on a 0.26-acre lot at 6680 E 63rd Pl, 80022, this 1947-built property offers a compelling blend of established income and future growth potential. The building boasts a total of 1,400 square feet, with each unit commanding a price of $242,500. Currently generating a Net Operating Income (NOI) of $34,827, resulting in a 7.18% capitalization rate, the property's pro-forma NOI is projected at $39,643, translating to an attractive 8.17% pro-forma cap rate. This suggests significant upside potential for savvy investors. The property's location in Adams County provides easy access to major transportation routes and amenities, enhancing its appeal to tenants. This duplex presents a rare chance to acquire a well-positioned multifamily asset with immediate cash flow and substantial room for value appreciation. The asking price for this lucrative investment is $485,000. Don't miss this opportunity to add a strong performer to your portfolio.

Property profile
Verified
Property type Commercial real estate
Year built 1947
Total area 1,400 SF
Lot 0.26 ac (11,326 SF)
UPID US13-1032868
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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