Ellie Ellis - Coldwell Banker Distinctive Properties
5800 Newport Street
Commerce City, CO 80022

Description

Over 10% Cap Rate! This 6 unit apartment complex is a cash cow. All units are updated. New furnaces, updated plumbing, electrical, new paint, new landscaping and strong leases in place. The property consists of three structures: Two Triplexes and a two car detached garage plus additional storage building that can be leased out in the future. Property includes coin laundry for the tenants and an outside courtyard area. Conveniently located across the street from Rose Elementary School. Walking distance to many parks. Just 3 minutes away from Dick's Sporting Goods Park and the Stapleton neighborhood. 15 minutes away from Downtown Denver!

Details

MLS#2638511
StyleIndustrial
Sub-TypeResale
StatusActive
Year1954
Days On Site10

Features

SQ Feet5,448
Story(s)1
Units6
ZoningMultiple Units

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Area Information

StateCO
CountyAdams
CityCommerce City
Zip Code80022
AreaAdams
Listing VS Median (in 80022)
Price:
$999,900
low | high
Med:
$384,000
100% of Average
SqFt:
5,448
low | high
Med:
2,269
100% of Average
$ / SqFt:
$184
low | high
Med:
$169
57.780040152611% of Average
On Site:
10
low | high
Med:
56
17.857142857143% of Average
Listing Updated: 11/14/2018
MLS Number: 2638511
Listing Provided By:
Michelle Thomas  of  NXT LEVEL Properties LLC
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