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31421918
31421941

4510 Everett Ct, Wheat Ridge, CO 80033

LP
CO FA.100109401
AV
CO FA100097790
Kaufman Hagan Commercial Real Estate
Listed by Kaufman Hagan Commercial Real Estate
$1,425,000
64 days on market
Updated 19 days ago

Everett Pines

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,752
Units 6
Cap Rate 6.72%
NOI $95,782
Pro-Forma Cap Rate 7.48%
Pro-Forma NOI $106,612
Price per SqFt $300
Year Built 1961
Year Renovated 2025
Buildings 1
Stories 2
Lot Size (SqFt) 12,414
Zoning R-3
Parking Spaces 12 spaces
Parking Per SqFt 2.53

Everett Pines | 6 Units | 6.7% In-Place Cap Rate

Marketing description

4510 Everett Court is in the heart of the 44th & Kipling corridor in Wheat Ridge. The property consists of six townhome-style units, four of which have been fully renovated with high quality materials in the kitchens, bathrooms, flooring, interior paint, carpet, and completely renovated bathrooms. Each townhome features a private backyard, a locked storage shed, and off-street, private parking lot behind the property. With repaved walkups to each door set up back from the street, recent exterior paint, and mailboxes, 4510 Everett Ct is a gem in a coveted, quiet pocket of Wheat Ridge.

All units are spacious two-bedroom, one-and-a-half-bath townhomes of approximately 800 square feet, offering a highly desirable layout for renters. The units are individually metered for gas and electricity, allowing tenants to pay their utilities directly, while ownership only pays for water and trash.

The mature landscaping and well-maintained grounds present a comforting home with strong rental appeal to prospective high-quality residents. This investment offers immediate cash flow, while still providing upside through continued renovations on the remaining two units. Overall, 4510 Everett Ct presents a fantastic opportunity to own a well-maintained, highdemand multifamily asset that offers strong in-place cash flow with additional upside through continued unit renovations, and is in a prime Wheat Ridge location.

Investment highlights

  • Two story townhome style units
  • New cement walkups (2025)
  • 4 of 6 unit completely renovated
  • In-unit washer/dryers
  • Individually metered for gas and electric
  • Zero deferred maintenance, turn-key condition
  • Each unit has its own backyard and storage shed
  • Landscaping upgrades in both front and back yards

Listing Contacts

LP
CO FA.100109401
AV
CO FA100097790
Kaufman Hagan Commercial Real Estate
Listed by Kaufman Hagan Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$95,782.00
$7,981.83/mo

Valuation Metrics

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DSCR
6.72%
Cap Rate
6.72%
ROI

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Additional Information

Name
Louis Passarello
License
FA.100109401
Brokerage
Kaufman Hagan Commercial Real Estate
Brokerage Phone
720-984-0419
Title
Broker
Brokerage Address
2245 Curtis Street
Name
Andrew Vollert
License
FA100097790
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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