Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    7655 W 67Th Ave Arvada, CO 80004

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7655 W 67Th Ave Arvada, CO 80004

    View on Map
    • Apartment buildings
    • 55,204 SF
    For Sale
    $10,150,000
    View Listing →
    Arvada Multifamily Investment Opportunity For Sale
    $10,150,000
    55,204 SF

    Arvada Multifamily Investment Opportunity

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

    7655 W 67th Ave, Arvada, CO 80004
    View Listing
    Property ID
    US13-0807575
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cinnamon Ridge Apartments / Apartment Building

    Property Details for 7655 W 67Th Ave

    Year built
    1967
    Property size
    55,204 SF
    Property type
    Apartment buildings

    Description

    Cinnamon Ridge Apartments is a well-maintained residential property located in the thriving city of Arvada, Colorado. This prime location offers residents the perfect blend of suburban charm and urban convenience, with easy access to nearby amenities, parks, shopping centers, and dining options. Arvada’s strong community atmosphere, coupled with its proximity to major employment centers and public transportation, makes it an attractive place for families and professionals alike. The local real estate market is experiencing steady growth, which further enhances the investment potential for Cinnamon Ridge Apartments. The property consists of 69 units, comprising 1 studio, 22 one-bedroom, and 46 two-bedroom apartment units. Additionally, there is a unique opportunity to convert the existing leasing office into a 70th unit. Recent substantial upgrades include a new roof, energy-efficient windows, an updated boiler, and modern electrical panels, which have improved the property’s appeal and operational efficiency. The management team has developed a clear strategy to improve rental rates consistent with the current condition of the property, while a new operator can identify opportunities through cosmetic renovations and achieve top of market rents.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

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

    Comparable in this City

    • $2,400,000

      Arvada 12-Unit Multifamily Property

      12-unit multifamily property located in Arvada, Colorado.
      9990 W 59Th Pl, Arvada, CO 80004
      View Details
    • $2,500,000
      9,000 SF

      Arvada Multifamily Investment Opportunity

      Stabilized 12-unit apartment asset in a desirable Arvada location.
      10542 W 63Rd Pl, Arvada, CO 80004
      View Details
    • Contact for pricing
      10,101 SF

      Lakewood and Arvada Townhome Portfolio

      Bulk opportunity: 18 fee-simple townhomes in Lakewood and Arvada.
      13970-13995 Devinney Ct, Arvada, CO 80004
      View Details
    • Contact for pricing

      42-Unit Multifamily Opportunity

      42-unit multifamily property available for sale.
      6449 Miller St, Arvada, CO 80004
      View Details
    • $14,350,000

      Arvada Multifamily Property Available

      51-unit multifamily property in Arvada, Colorado.
      7822 Oberon Rd, Arvada, CO 80004
      View Details
    • $3,550,000

      Arvada Multifamily Property Available

      Multifamily property near Olde Town Arvada and Light Rail.
      7750 W 61St Ave, Arvada, CO 80004
      View Details

    Similar Nearby for Sale

    • $3,810,000

      Arvada Apartment Building For Sale

      Apartment building in Arvada, Colorado available for purchase.
      7635 West 60Th Ave, Arvada, CO 80004
      View Details
    • $920,000

      Arvada Apartment Building Sold

      Eight-unit apartment building in Arvada, Colorado, recently sold.
      5542 Newland Way, Arvada, CO 80004
      View Details
    • $1,252,000

      Arvada Apartment Building

      Eight-unit apartment building in Arvada, Colorado.
      9945-9955 W 59Th Pl, Arvada, CO 80004
      View Details
    • $2,500,000
      9,000 SF

      Arvada Multifamily Investment Opportunity

      Stabilized 12-unit apartment asset in a desirable Arvada location.
      10542 W 63Rd Pl, Arvada, CO 80004
      View Details
    • $2,400,000

      Arvada 12-Unit Multifamily Property

      12-unit multifamily property located in Arvada, Colorado.
      9990 W 59Th Pl, Arvada, CO 80004
      View Details
    • Contact for pricing
      10,101 SF

      Lakewood and Arvada Townhome Portfolio

      Bulk opportunity: 18 fee-simple townhomes in Lakewood and Arvada.
      13970-13995 Devinney Ct, Arvada, CO 80004
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Professional Office Space Available

      Office space suitable for various professional tenants.
      12191 W 64Th Ave, Arvada, CO 80004
      View Details
    • Contact for pricing

      Remodeled Retail Space in Arvada

      Newly remodeled 5,306 SF retail space in a lively center.
      9812 W 60Th Ave, Arvada, CO 80004
      View Details
    • Contact for pricing
      2,491 SF

      Turn-Key Medical/Dental Office Space

      Prime medical/dental office space in a sought-after location.
      6390 Gardenia St, Arvada, CO 80004
      View Details
    • Contact for pricing
      1,400 SF

      Arvada Office Space for Lease

      Office suites available for lease in Arvada, Colorado.
      5990 Kipling St, Arvada, CO 80004
      View Details
    • Contact for pricing

      Turn-Key Medical/Dental Office Space

      Prime medical/dental office space in a sought-after location.
      6390 Gardenia St, Arvada, CO 80004
      View Details
    • Contact for pricing

      Arvada Office and Retail Space

      Office and retail suites available for lease in Arvada.
      5990 Kipling Pkwy, Arvada, CO 80004
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7655 W 67Th Ave
    Arvada, CO 80004
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!