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31869423
31869424

5547 South Grant Street, Littleton, CO 80121 For Sale

NORTHPEAK Commercial Advisors
NORTHPEAK Commercial Advisors
Listed by NORTHPEAK Commercial Advisors
$900,000
88 days on market
Updated 19 days ago

Scotts Dale

Details
Property Type Multifamily
Square Footage 4,094
Units 7
Cap Rate 7.34%
NOI $66,065
Pro-Forma Cap Rate 7.65%
Pro-Forma NOI $68,824
Price per SqFt $220
Class C
Year Built 1960
Lot Size (SqFt) 6,534

Multifamily | 7 Units | $128,571/unit

Marketing description

  • Only $128,571/unit
  • Unit mix of one- and two-bedroom units
  • Littleton is a consistent rental market
  • Offered above a 6 cap on T12 financials and management
  • 100% occupied and low historical vacancy

Investment highlights

NorthPeak Commercial Real Estate Advisors is pleased to present 5547 S. Grant Street, a fully occupied 7-unit brick multifamily property in Littleton, Colorado. Offered at $900,000 — this asset is competitively priced in one of the Denver area’s most consistent rental submarkets.

Offered at just over $128,000/unit and roughly $220/ft, this building can support professional management and still yield a new investor better than a 6 cap on its current performance.

Historically low vacancy has limited the Seller’s need to update units and push rents. But an opportunistic investor will immediately identify potential in this property. Great bones, solid structure, and consistent cash flow. 5547 S Grant is a great opportunity for the next investor looking to grow their multifamily portfolio in Littleton.

Listing Contacts

NORTHPEAK Commercial Advisors
NORTHPEAK Commercial Advisors
Listed by NORTHPEAK Commercial Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$66,065.00
$5,505.42/mo

Valuation Metrics

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DSCR
7.34%
Cap Rate
7.34%
ROI

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