$2,700,000
For Sale

8662 W 51 AVENUE

Arvada, CO 80002
11184 sqft | 0.92 acres | #4256131
Listing OfficePinnacle Real Estate Advisors
Browse 29 photos
Type:Purchase
Structure:2 Family
Zone:Commercial

Description

This is for the sale of 8662, 8672, 8682 W 51st Avenue Arvada, CO 80002 (3 separate addresses and adjacent parcels being sold together). This offering presents a rare opportunity to acquire three well-maintained four-plex buildings in Arvada, Colorado—an established and growing submarket within the Denver Metro area. With current rents below market, there is significant upside potential through rent optimization and value-add strategies. The property consistently attracts long-term tenants due to its strong curb appeal, excellent upkeep, desirable location, and overall affordability. It is well-positioned for investors seeking stable cash flow and long-term appreciation in a high-demand rental market. Each of the twelve townhome-style units features private fenced patios, access to a central laundry facility, and recent interior updates. Situated on over an acre of land, the property offers ample off-street parking and expansive landscaped grounds, including large grassy common areas. Ideally located near parks, trails, shopping centers, and vibrant Old Town Arvada, this asset is a strategic addition to any investment portfolio. 3 INDIVIDUALLY PARCELED FOUR-PLEX BUILDINGS. (12) 2BR/1BA TOWNHOME STYLE UNITS WITH INDIVIDUAL BACK PATIOS. NEW ELECTRICAL PANELS; NEWER WINDOWS AND SLIDING GLASS DOORS. 8 OUT OF 12 UNITS HAVE BEEN RENOVATED. $100/UNIT IN RENT UPSIDE IN AS-IS CONDITION. LOW HISTORIC VACANCY.

  • Property Details
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti Family
      • Original List Price$2,890,000
      • CountyJefferson
      • Property TypePurchase
      • MLS #4256131
      • Cost2700000
      • MLS #4256131
      • Utility SourcePublic
      • Taxes Annual$4,051
      • Square Feet11184
      • Acres0.92
      • Year Built1961

Location

Hanover CommercialReal Estate Group
OR

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