Listed by Unique Properties, Inc
$750,000
5997 Magnolia St
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,111
Units 4
Cap Rate 7.32%
NOI $54,909
Pro-Forma Cap Rate 7.86%
Pro-Forma NOI $58,921
Price per SqFt $241
Year Built 1942
Buildings 2
Stories 1
Multifamily | 4 Units | $187,500/unit
Marketing description
5997 Magnolia Street in Commerce City, Colorado is a well-maintained, cash flowing four-unit investment that blends classic character with modern upgrades. The property features a Duplex and two single family homes, offering a diverse unit mix of one, two, and three-bedroom layouts that appeal to a wide tenant base. Most units include washer and dryer hookups, a highly desirable amenity in today’s rental market.
Current ownership has completed significant capital improvements, including full interior renovations, a new roof, and replacement of one hot water heater. These upgrades were thoughtfully executed to achieve strong, market-level rents while enhancing long-term asset quality.
Listing Contacts
Listed by Unique Properties, Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,909.00
$4,575.75/mo
Valuation Metrics
0
DSCR
7.32%
Cap Rate
7.32%
ROI
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