8987 W 54th PL Active

Arvada,CO 80002

$ 1200000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7764715

Year Built 1960

Annual Tax Amount $5,514

Tax Year 2022

Lot Size 0.400 Acres

Property Description

8987 W 54th Place, a well-maintained 6-unit apartment community in the thriving city of Arvada, Colorado. Situated on 0.4 acres, the subject property was originally constructed in 1960, offering its tenants a healthy mix of one-bedroom and two-bedroom units.

The unit mix consists of four large one-bedroom units and two two-bedroom units. The property is professionally maintained and has had a number of recent upgrades which include new windows, all new furnaces, water heaters and updated landscaping. The remodel includes refinished hardwood floors, quartz countertops, new
cabinets, new bathrooms, ceiling fans and a fresh coat of paint.

Residents have easy access to many convenient community amenities including off-street parking and nearby shopping, such as Costco, Home Depot, and Sam?s Club. Residents are next to Terrace Park and 1.5 miles from Olde Town Arvada. The investment appeal of this asset is driven by the strong employment fundamentals, low vacancy levels, and rapidly expanding rental demand in Arvada, Colorado. This well-located asset, just minutes from downtown Denver, presents an attractive choice for central Colorado renters.

Location

State CO

County Jefferson

Exterior

Garage Asphalt

Roof Type Architecural Shingle

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

View More
Favorite Go Tour