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$ 2,850,000
Est. payment /mo
Sold on 05/14/2025
6499 W 38th AVE Wheat Ridge, CO 80033
0.51 Acres Lot
UPDATED:
Key Details
Sold Price $2,850,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5810871
Sold Date 05/14/25
HOA Y/N No
Originating Board recolorado
Year Built 1957
Annual Tax Amount $10,720
Tax Year 2023
Lot Size 0.514 Acres
Acres 0.51
Property Sub-Type Multi Family
Property Description
The Knowlton Lawson Team is pleased to offer the exclusive opportunity to acquire the Marshall Manor Apartments, a 14-unit complex featuring 6 one-bedroom, one-bath units and 8 two-bedroom, one-bath units. Seventy-five percent of the units have been recently updated with new flooring, modernized kitchens, and renovated bathrooms. Additional property upgrades include new windows and electrical panels. Residents benefit from convenient access to nearby grocery stores such as Safeway, King Soopers, Sprouts, and
Walmart, all within a mile of the property. With easy access to I-70, tenants enjoy quick commutes to Downtown Denver or can easily head to the mountains for a weekend retreat. These improvements, combined with the property's prime location, make Marshall Manor Apartments an attractive option for long-term tenants, ensuring strong tenant retention and potential for increased rental rates.
Walmart, all within a mile of the property. With easy access to I-70, tenants enjoy quick commutes to Downtown Denver or can easily head to the mountains for a weekend retreat. These improvements, combined with the property's prime location, make Marshall Manor Apartments an attractive option for long-term tenants, ensuring strong tenant retention and potential for increased rental rates.
Location
State CO
County Jefferson
Zoning R-3
Interior
Fireplace N
Exterior
Total Parking Spaces 14
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Block,Brick
Others
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
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
Bought with Pinnacle Real Estate Advisors
Bought with Pinnacle Real Estate Advisors