USACOArvada6087 Olde Wadsworth Boulevard
6087 Olde Wadsworth Boulevard, Home with 0 bedrooms, 0 bathrooms and 67 parking in Arvada CO | Image 1
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$8,700,000

6087 Olde Wadsworth Boulevard, Arvada, CO

Real Estate

For Sale

$--,---,---
0067
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $51,305
Days Active 0
Approx. Age 1971
MLS® Number 5250765

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

The Newell Team at Pinnacle Real Estate Advisors is pleased to present the Olde Town Arvada Portfolio—an exceptional opportunity for qualified investors to acquire two adjacent multifamily assets totaling 44 units, just ¼ mile north of Olde Town Arvada in Arvada, CO. The portfolio consists of predominantly two-bedroom units (95%), with over half featuring recent upgrades, including renovated kitchens and bathrooms, as well as in-unit washer/dryer hookups. Significant capital improvements have been completed, including newer roofs, windows, and sliding doors, along with various interior and exterior renovations. Both properties sit on prominent hard corners directly across from one another, providing excellent visibility and street presence along Olde Wadsworth Blvd. Aspen Leaf and Olde Town Terrace have been self-managed for decades, creating immediate value-add potential through professional management and further renovations that can support meaningful rent growth. Notably, proforma rents are already being achieved on some units, underscoring the immediate rental upside. Just steps from Olde Town Arvada’s vibrant mix of bars, restaurants, boutiques, and the G Line commuter rail station, this portfolio is ideally positioned to attract a strong and growing tenant base. Residents benefit from easy access to Downtown Denver, the foothills, public parks, and major employment centers. This offering represents a rare opportunity to acquire a strategically located, value-add multifamily portfolio in one of Colorado’s most desirable submarkets at a cost of just $201/SF, far less than replacement cost. Properties can be purchased individually or as a portfolio.Show Description
MLS® Number5250765
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorBalcony, Lighting
GarageNo
Approx. Age1971
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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