24 Unit Apartment Complex for Sale
Historically Low Vacancies, Historically High Rent Low Metro Inventory, Best time to buy Apartments in years |
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General
Information
Bowmar Apartments 5871-5873 S Lowell Blvd Littleton, CO 80123 click here for map Sub Market: Southwest Building Type: Residential Floor Plan: click here for floor plan Construction Type: Frame YOC: 1997 County: Arapahoe Zoning: Multi-Family Residential Taxes: $13,084 Sale Information Total SF: 19200 Available SF: 19200 Sale Price: $2,530,000 |
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Property Description
Newer well maintained building, 2 buildings. 2 Stories, 24 units total. Assigned Parking Space for each unit. 24, 800 Sqft units with 2bd 1/4 Bath and Washer/Dryer and Fireplace in each unit. Each unit individually Metered. Each unit has personal Hot water heaters, Furnaces, and Air condition units. Tenants don’t share any utilities, great tenant benefit. Additional Storage outside each unit. Storage Spaces in basement for tenant use. Next to new 37 acre park for tenants to enjoy. Great location with Easy access to Downtown Littleton, Santa Fe, Wadsworth Blvd, C-470. Great long term tenants. |
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Improvements
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Parking: 37 Spaces - 24 Assigned, 2 Mgr, 2 Handicap HVAC: Central - Heat and AC in each unit Site Size: 1 Present Occupant(s): 95% Cap Rate: 6.06 Sch Gross Inc: $219,068 Net Op Inc: $153,231 |
Water: public Sewer: public Bedrooms: 2/unit Baths: 1.5/unit Basement: Yes Laundry Location: In each unit Number of Fireplaces: 1/unit Fireplace Location: Living room |
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Contact: Bryan Sperry Phone: (303) 592-1050 |
Sperry Properties Inc. |
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The following information is subject to change and/or withdrawal without notice. The information set forth herein was obtained from the owner of the property and from other sources including public records and Sperry Properties, Inc. has not verified the accuracy or completeness of such information. Sperry Properties, Inc. and its brokers will be acting as agents of the Landlord/Seller and will negotiate on behalf of and act as an advocate for the Landlord/Seller. Sperry Properties, Inc. will not be your agent without a signed agency agreement