5532 Newland Way
Arvada, CO 80002
9130 sqft | 0.56 acres | #3253082
Description
The Knowlton Lawson Team is excited to present the exclusive opportunity to acquire N32 Apartments, a fully renovated 14- unit apartment complex located just blocks from Olde Town in Arvada, CO. This turnkey property offers premium rental income, thanks to its modernized units and prime location. Residents enjoy a perfect balance of urban convenience and small-town charm, with easy access to big-box retailers like Costco, Sam’s Club, Home Depot, and Lowes, while also being steps away from the historic character of Olde Town.
The property’s proximity to the G line light rail station and I-70 ensures seamless commutes to Downtown Denver, Denver International Airport, and the Colorado mountains, further enhancing its appeal. The pet-friendly, professionally managed community boasts updated units, a beautifully landscaped courtyard with new stairways, 28 on-site parking spaces, and sits on an oversized lot with potential for additional parking or covered garages. This rare, turnkey investment opportunity combines strong, stable cash flow
with significant long-term appreciation upside in one of the most desirable neighborhoods in Arvada.
Property Details
- Structure TypeLow Rise (1-3)
- Sewer InformationPublic Sewer
- Property SubtypeMulti-Family
- Original List Price$3,640,000
- CountyJefferson
- Property TypePurchase
- Taxes Annual$16,216
- MLS #3253082
- Cost3640000
- MLS #3253082
- Utility SourcePublic
- Acres0.56
- Square Feet9130
- Year Built1971
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Robert Lawson (#REC001038)
Listing Office: Pinnacle Real Estate Advisors (#RECM0485)
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