$ 5,400,000
3600 S Lowell BLVD Denver, CO 80236
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$ 5,400,000
Est. payment /mo
Active Under Contract
3600 S Lowell BLVD Denver, CO 80236
0.62 Acres Lot
UPDATED:
09/24/2024 03:41 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 1500409
HOA Y/N No
Originating Board recolorado
Year Built 1974
Annual Tax Amount $26,779
Tax Year 2023
Lot Size 0.620 Acres
Acres 0.62
Property Description
Hawk Point Apartments is an expansive 30-unit apartment complex that boasts a mix of (20) 1-bedroom/1-bath and (10) 2 bedroom/1-bath units, with over 50% of units already updated, the building represents a value-add opportunity for investors to finish the renovations and optimize the operations at the building. The property is in a coveted location, offering easy access to Hwy 285 and I-25 and just a 10-minute drive to Englewood or Downtown Littleton. Tenants enjoy nearby amenities like Bear Creek Park and River Point Shopping Area, along with free reserved parking at a 1:1 ratio. Additionally, the property sits directly across the street from Mullen High School. Hawk Point Apartments presents a highly attractive asset with considerable rental upside potential.
Location
State CO
County Arapahoe
Zoning RES-MF
Interior
Fireplace N
Exterior
Total Parking Spaces 30
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Concrete,Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Pinnacle Real Estate Advisors • jknowlton@pinnaclerea.com,303-962-9543