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10717 W 38th Avenue
Wheat Ridge, CO 80033
Asking Price
$1.70M
Cap Rate
7.47%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
JUST LISTED! Applewood Townhomes in Wheat Ridge; 7.47% Current CAP!! <ul><li>7.47% Current CAP Rate!!</li><li>All Large, Beautifully Renovated Two-Story Townhome-Style Units with Private Yards</li><li>Recent Capital Improvements Include New Roof (2017), Windows & Siding (2019), Parking Lot (2021), and Individual Patio Updates (2021)</li><li>Fully Renovated Interiors Featuring New Kitchen Cabinets, Granite Countertops, Updated Flooring, Remodeled Bathrooms, and More</li><li>Just 0.20% Vacancy (Trailing 12 Months)</li><li>Excellent Location in the West Wheat
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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.09%
Monthly Payment
$8,405.725
Annual Cash Flow
$-20,868.7
