3310 W 66th Ave

3310 W 66th Ave

Denver, CO
Available
  • Property Type: Apartments
  • Year Built : 1984
  • Property Size: 6,600 SF / 6 Units
  • Price: $2,100,000

Overview

3310 W 66th Avenue is a property that presents an attractive investment opportunity for investors looking for a stable, turn-key, and low-maintenance multifamily asset.

The building sits in a rapidly improving submarket and is fully leased with strong rental history, providing investors with a reliable stream of income and mid-term appreciation upside.

The property's recent renovation, individually metered gas and electric, and attractive unit features make it a desirable property for tenants.

Investment Highlights

  • 5.6% Cap rate as is.
  • The property features a strong unit mix consisting of six three-bedroom units.
  • The recently renovated units feature stainless steel appliances, updated flooring, & new windows, providing tenants with a modern and comfortable living space.
  • Located within walking distance to Hidden Lake Park & several retail locations.
  • The property is located in a rapidly growing submarket, which is experiencing significant investment & development.

Contact Information

Christian Burgdorf Investment Sales Advisor P: 908.418.1799
O: 800.746.3175 ext. 7065
cburgdorf@capstone-companies.com
Sean Holamon Director P: 303.588.2119
O: 800.746.3175 ext. 7058
sholamon@capstone-companies.com