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29324756
29324757

7110 Stuart St, Westminster, CO 80030 For Sale

JS
CO 100006497
Steck Real Estate
Listed by Steck Real Estate
$799,000
178 days on market
Updated 121 days ago

7110 Stuart Street

Details
Property Type Multifamily
Sub Type quadplex
Square Footage 3,778
Net Rentable (SqFt) 3,778
Units 4
Cap Rate 5.39%
NOI $43,072
Occupancy 100%
Pro-Forma Cap Rate 6.35%
Pro-Forma NOI $50,760
Price per SqFt $211
Year Built 1962
Lot Size (SqFt) 7,814
Parking Spaces 5 spaces
Parking per 1,000 SqFt 1.32

Multifamily | 4 Units | $199,750/unit

Marketing description

Prime 4-Unit Investment Property - Strong Cash Flow - Excellent investment opportunity in a well-maintained property offering solid returns in the desirable Central Westminster area, short distance to downtown Denver and major employment corridors. Current rent roll includes one unit at $1,435, two at $1,425, and one legacy tenant at $1,125, presenting immediate upside potential. The property benefits from recent capital improvements including a brand new water heater, professionally cleaned sewer line, parking lot asphalt repairs, and recently passed annual city inspection, along with newer roof and updated decks throughout. The building has been well-maintained with units receiving ongoing upkeep and selective improvements, while still offering opportunity for additional updates to capture premium market rents (plus laundry income). Conveniently located near Westminster Station for RTD rail access, Hidden Lake Shopping Center, Westminster Plaza, and with easy access to I-25 and US-36 connecting to Boulder, Denver, and the greater metro area. This turnkey property requires minimal immediate attention and offers multiple value creation opportunities, making it ideal for investors seeking stable cash flow with manageable operations and future upside potential.

Listing Contacts

JS
CO 100006497
Steck Real Estate
Listed by Steck Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$43,072.00
$3,589.33/mo

Valuation Metrics

0
DSCR
5.39%
Cap Rate
5.39%
ROI

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Additional Information

Name
Josh Steck
License
100006497
Brokerage
Compass
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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