Seize a rare opportunity to own a high-performing, ranch-style quadplex just over a 10-minute walk north of Olde Town Arvada. This prime location offers tenants unparalleled access to the city's best dining, boutiques, and the G-Line Light Rail for a seamless Denver commute. The property consists of four 2-bed, 1-bath units generating a combined gross monthly income of $7,075 (an impressive 6.93% Proforma CAP Rate). Each unit offers a combination of highly desirable features including individually fenced in backyards, two off-street parking spots (8 total), W/D in unit, dishwasher, and an AC wall unit. Each unit has a separate furnace and hot water heater and is metered for gas and electric individually. Two newer furnaces, many recently updated appliances, and Unit #7745 has been fully renovated with modern LVP flooring and updated finishes. Don't miss this stabilized asset in a high-demand submarket. Potential Seller financing on the equity the Seller has in the property as well. Contact the listing agent today for the current rent roll, the full Offering Memorandum, and to schedule a private tour.

Property Details of 7705 W 61st Avenue

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Community

Other Details

Map Location

Listed by Patrick Rampi of MODUS Real Estate (prampi@moduscommercial.com,720-935-2184)

Sold by Rishi Dhir of Westwater Realty

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