$3,800,000
6380 S Boston St Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,780
Net Rentable (SqFt) 9,780
Units 22
Cap Rate 8.05%
NOI $306,016
Occupancy 100%
Tenancy Multi
Pro-Forma NOI $306,016
Class B
Year Built 1988
Buildings 10
Stories 3
Investment Type Stabilized
Sale Condition 1031 exchange
Multifamily | 22 Units | $172,727/unit
Marketing description
6380 S Boston Street presents a compelling opportunity to acquire a well-located multifamily asset in the highly desirable Centennial submarket of the Denver MSA. Positioned in a strong residential corridor with convenient access to major employment centers, retail amenities, and transportation routes, the property offers both in-place cash flow and clear value-add upside.
This asset is ideally suited for investors seeking a stabilization play with rental upside, operational efficiencies, and long-term appreciation in one of Colorado's most consistently performing rental markets.
Investment highlights
- Turn-Key Asset in Strong Commerce Location
- 18/22 Units Have Been Significantly Updated with New Bathrooms and Kitchens with Granite Countertops
- Just 1/4 Mile from loads of strong retail, shopping grocery and more
- Excellent Neighborhood Demographics and income levels.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$306,016.00
$25,501.33/mo
Valuation Metrics
0
DSCR
8.05%
Cap Rate
8.05%
ROI
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