Arvada, CO 80002,8987 W 54th PL
Arvada, CO 80002,8987 W 54th PL
Arvada, CO 80002,8987 W 54th PL
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$1,200,000
Est. payment /mo
0.4 Acres Lot
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UPDATED:

09/24/2024 03:41 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7764715

HOA Y/N No

Originating Board recolorado

Year Built 1960

Annual Tax Amount $5,514

Tax Year 2022

Lot Size 0.400 Acres

Acres 0.4

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

Interior

Fireplace N

Exterior

Parking Features Asphalt

Roof Type Architecural Shingle

Total Parking Spaces 10

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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REColorado (REColorado MLS)
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. • Boomer.Beatty@marcusmillichap.com,949-633-4556
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"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

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8987 W 54th PL