$3,640,000
5532 Newland WAY Arvada, CO 80002
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$3,640,000
Est. payment /mo
0.56 Acres Lot
Active
5532 Newland WAY Arvada, CO 80002
UPDATED:
11/01/2024 12:05 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3253082
HOA Y/N No
Originating Board recolorado
Year Built 1971
Annual Tax Amount $16,216
Tax Year 2023
Lot Size 0.560 Acres
Acres 0.56
Property Description
The Knowlton Lawson Team is excited to present the exclusive opportunity to acquire N32 Apartments, a fully renovated 14- unit apartment complex located just blocks from Olde Town in Arvada, CO. This turnkey property offers premium rental income, thanks to its modernized units and prime location. Residents enjoy a perfect balance of urban convenience and small-town charm, with easy access to big-box retailers like Costco, Sam’s Club, Home Depot, and Lowes, while also being steps away from the historic character of Olde Town.
The property’s proximity to the G line light rail station and I-70 ensures seamless commutes to Downtown Denver, Denver International Airport, and the Colorado mountains, further enhancing its appeal. The pet-friendly, professionally managed community boasts updated units, a beautifully landscaped courtyard with new stairways, 28 on-site parking spaces, and sits on an oversized lot with potential for additional parking or covered garages. This rare, turnkey investment opportunity combines strong, stable cash flow
with significant long-term appreciation upside in one of the most desirable neighborhoods in Arvada.
The property’s proximity to the G line light rail station and I-70 ensures seamless commutes to Downtown Denver, Denver International Airport, and the Colorado mountains, further enhancing its appeal. The pet-friendly, professionally managed community boasts updated units, a beautifully landscaped courtyard with new stairways, 28 on-site parking spaces, and sits on an oversized lot with potential for additional parking or covered garages. This rare, turnkey investment opportunity combines strong, stable cash flow
with significant long-term appreciation upside in one of the most desirable neighborhoods in Arvada.
Location
State CO
County Jefferson
Zoning R-24
Interior
Fireplace N
Exterior
Total Parking Spaces 28
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Pinnacle Real Estate Advisors • rlawson@pinnaclerea.com,303-962-9555
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