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5851 W 30th Ave
Wheat Ridge, CO 80214
Asking Price
$2.65M
Cap Rate
6.7%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 6.70% CAP | 12 Units <ul><li>Attractive side by side layouts with front and back doors</li><li>In unit laundry, private patios, and large attached garages</li><li>Extensive recent updates including roof, electrical panels, exterior, common area</li><li>Renovated kitchens, bathrooms, and floors</li><li>Quiet residential pocket surrounded by shopping/dining at 38th, Edgewater Public Market, and Tennyson</li><li>Separately metered gas/electric - tenants pay direct</li></ul>
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NOI
$80,000
Cap Rate
3.02%
DSCR
0.51
Underwater
Cash-on-Cash
-9.73%
Monthly Payment
$13,110.754
Annual Cash Flow
$-77,329.049
