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10165 W 59th Ave.
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- The multifamily property features a total of 16 individual units.
- All residential units consist of two-bedroom floor plans throughout.
- The building is currently offered at a price of $2,710,000.
- Investors can anticipate an initial cap rate of 6.2 percent.
- Structural features include durable pitched roofs across the building exterior.
- Previous unit renovations contribute to the current condition of the asset.
What's Special
This multifamily property in Arvada is currently available for purchase, presenting a potential acquisition for investors seeking a stabilized residential asset. The building contains 16 units, all configured with two-bedroom floor plans. Situated within a growing suburban market in the Denver metro area, the site features pitched roofs and has undergone previous renovations. The location provides connectivity to regional infrastructure, supporting demand for workforce and market-rate housing in the area. Prospective owners will find a turn-key opportunity with the asset’s current 6.2% cap rate. The unit mix appeals to residents looking for balanced living spaces in a community that offers proximity to major employment hubs and transit corridors. This configuration is well-suited for long-term hold strategies in a region characterized by consistent demand for multi-unit rental housing. The combination of structural upgrades and functional unit layouts positions this apartment building as a practical addition to an existing income-producing portfolio.
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