6499 W 38th Avenue
Wheat Ridge, CO 80033
14866 sqft | 0.51 acres | #5810871
Description
The Knowlton Lawson Team is pleased to offer the exclusive opportunity to acquire the Marshall Manor Apartments, a 14-unit complex featuring 6 one-bedroom, one-bath units and 8 two-bedroom, one-bath units. Seventy-five percent of the units have been recently updated with new flooring, modernized kitchens, and renovated bathrooms. Additional property upgrades include new windows and electrical panels. Residents benefit from convenient access to nearby grocery stores such as Safeway, King Soopers, Sprouts, and
Walmart, all within a mile of the property. With easy access to I-70, tenants enjoy quick commutes to Downtown Denver or can easily head to the mountains for a weekend retreat. These improvements, combined with the property’s prime location, make Marshall Manor Apartments an attractive option for long-term tenants, ensuring strong tenant retention and potential for increased rental rates.
Property Details
- Structure TypeLow Rise (1-3)
- Sewer InformationPublic Sewer
- Property SubtypeMulti-Family
- Original List Price$3,100,000
- CountyJefferson
- Property TypePurchase
- Taxes Annual$10,720
- MLS #5810871
- Cost3100000
- MLS #5810871
- Utility SourcePublic
- Square Feet14866
- Acres0.51
- Year Built1957
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Jim Knowlton (#REC32419N)
Listing Office: Pinnacle Real Estate Advisors (#RECM0485)
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