Scotts Dale
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.
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