25
See all 25 photos
$2,500,000
Est. payment /mo
9,000 SqFt
Active
10542 W 63rd PL Arvada, CO 80004
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $277
MLS Listing ID 8974344
HOA Y/N No
Year Built 1964
Annual Tax Amount $11,980
Tax Year 2024
Lot Size 0.574 Acres
Acres 0.57
Property Sub-Type Multi Family
Source recolorado
Property Description
10542 W 63rd Place is a 12-unit multifamily investment opportunity located in the highly desirable Arvada submarket of Northwest Denver. The property offers investors a stabilized, well-maintained apartment asset in an established residential neighborhood with strong and consistent rental demand. The property features a desirable mix of one- and two-bedroom apartment homes that appeal to a broad tenant base seeking attainable housing options in the Denver metro area. The asset has demonstrated exceptional operational stability, maintaining 98% occupancy over the past 24 months, underscoring the strength of the location and continued demand for workforce housing in Arvada. Strategically located just minutes from Olde Town Arvada, residents enjoy convenient access to retail, dining, entertainment, and major employment centers throughout the Denver metro area, including Downtown Denver and the I-70 corridor. WELL-LOCATED 12-UNIT MULTIFAMILY ASSET IN ESTABLISHED ARVADA NEIGHBORHOOD. RENOVATED INTERIORS WITH IN-UNIT WASHERS AND DRYERS. 98% OCCUPIED OVER PAST 24 MONTHS. NEWER ROOF, WINDOWS AND BOILER SYSTEM. 11 - 2BR/1BA UNITS AND 1 – 1BR/1BA UNIT
Location
State CO
County Jefferson
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Frame
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
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TESTIMONIALS
Travis helped me buy my house and sell it. He's thorough and on top of every step in the buying/selling process. I've had friends deal with lackadaisical realtors who are impossible to get ahold of and Travis does not fit that mould. He has a great team on his side who did all of the heavy lifting and kept me in the loop throughout the entire selling process. He got my house under contract in less than a week for well over what I thought I'd sell for. He went above and beyond from start to finish. I'm so grateful for the opportunity to work with Travis!