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7750 W 39th Avenue

Wheat Ridge, CO 80033
  • $1,875,000
  • STATUS: Active
  • ON SITE: 243 Days
  • ID#: 9314320
UPDATED: 44 min ago
$1,875,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,160
    SQFT
  • $304
    $/SQFT
Type:
Commercial
Built:
1958
County:
Area:

School Ratings & Info

REcolorado logo Offered by Marcus & Millichap Real Estate Investment Services Of Atlanta, Inc..

Description

7750 39th Ave, an 9-unit apartment community in Wheat Ridge, Colorado. The community contains nine units, all of which are two-bedroom one-bathroom units. The property is single story brick construction and is individually metered for gas/electric, has front and back entrances, and newer windows and roof. In addition there is a shared courtyard and backyard area for residents to enjoy. The interior of the units currently have new carpet, a fresh coat of paint, open floorplans, and lots of closet space. Lastly, there is a old laundry room that can either be converted in to a laundry/storage room or potentially turned into a fully permitted 10th unit. The subject property provides a new investor with two potenital opportunities, either they can lease up the units in the current condition or they can bring the units to a more modern level and push rents. Note: This is a high vacancy property, 6 out of 9 units are currently vacant. Please contact Boomer for the full marketing package.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Daniels Team are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.danielsteam.com/homes/133447935
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7750 W 39th Avenue Wheat Ridge, CO 80033

  • Price: $1,875,000
  • Status: Active
  • On Site: 243 Days
  • Updated: 44 min ago
  • ID#: 9314320
0
Beds
0
Baths
0
½ Baths
0.34
Acres
6,160
SQFT
$304
$/SQFT
1958
Built
County:
Jefferson
Area:
Wheat Ridge
Property Description
7750 39th Ave, an 9-unit apartment community in Wheat Ridge, Colorado. The community contains nine units, all of which are two-bedroom one-bathroom units. The property is single story brick construction and is individually metered for gas/electric, has front and back entrances, and newer windows and roof. In addition there is a shared courtyard and backyard area for residents to enjoy. The interior of the units currently have new carpet, a fresh coat of paint, open floorplans, and lots of closet space. Lastly, there is a old laundry room that can either be converted in to a laundry/storage room or potentially turned into a fully permitted 10th unit. The subject property provides a new investor with two potenital opportunities, either they can lease up the units in the current condition or they can bring the units to a more modern level and push rents. Note: This is a high vacancy property, 6 out of 9 units are currently vacant. Please contact Boomer for the full marketing package.
Exterior Features

Attached Garage YN No Carport Spaces 0 Construction Materials Brick Lot Size Area 0.34 Offstreet Spaces 9 Parking Features Asphalt Parking Total 9 Road Frontage Type Public Road Surface Type None Roof Architecural Shingle Rv Spaces 0 Structure Type Low Rise (1-3)

Property Features

Actual Annual Net Income 114367.00 Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Green Verification Count 0 Gross Income 151200 Leasable Area 6160 Lease Considered YN No Listing Terms CashConventional Number Of Units Vacant 7 Operating Expense 34697 Owner Pays ElectricityTaxesTrash CollectionWater Possession Closing/Dod Property Sub Type Multi-Family Road Responsibility Public Maintained Road Sewer Public Sewer Tax Annual Amount 7453 Tax Legal Description Section 23 Township 03 Range 69 Qtr Sw Size: 15021 Value: .345 Key=241 Tax Year 2021 Tenant Pays ElectricityGas Water Included YN Yes Water Source Public

REcolorado logo Listing courtesy of Marcus & Millichap Real Estate Investment Services Of Atlanta, Inc.:[IDXCONTACTINFORMATION]. MLS #9314320


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Daniels Team are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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REcolorado logo Offered by Marcus & Millichap Real Estate Investment Services Of Atlanta, Inc..