5562 Newland Way | Arvada, CO 80002
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- LoopNet Team
5562 Newland Way
Arvada, CO 80002
Newland Apartments · Multifamily Property For Sale · 8 Units
INVESTMENT HIGHLIGHTS
- $25K Price Reduction!
- Newer Boiler and Windows and Recently Updated Kitchens and Bathrooms
- Turn-Key Opportunity with Rental Upside
- Just 1/2 Mile from Olde Town Arvada Light Rail Station, Olde Town Arvada & Major Retail
- 6.25% Current CAP Rate
- Large 0.35 Acre Corner Lot with Mature Landscaping & Sprinkler System
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.35 AC |
| Property Type | Multifamily | Building Size | 5,838 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1971 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 5,838 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.37/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $1,315 | 650 |
PROPERTY TAXES
| Parcel Number | 39-132-04-005 | Improvements Assessment | $77,779 |
| Land Assessment | $20,612 | Total Assessment | $98,391 |
PROPERTY TAXES
Parcel Number
39-132-04-005
Land Assessment
$20,612
Improvements Assessment
$77,779
Total Assessment
$98,391
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