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3076 W 71st Way
Westminster, CO 80030 Midtown Denver

$5,470,000 USD

Apartments For Sale  •  27,360 SF

Property Details

  • Property Type Apartments
  • Total Building Size 27,938 SF
  • Lot Size 1.05 AC
  • Building Class C
  • Year Built 1962
  • Cap Rate 7.32 %
  • Zoning R-3
40 Transit Score
81 Walk Score

Highlights

$680,000 Price Reduction!!
7.01% Current CAP Rate!!
Priced Well Below Comparable Properties at Just $170k/Unit
All 2Bd/1Ba Units on Large, 1 Acre Lot
Short Walk to Major Planned Developments: Northgate Center (Directly Across Street) and Sherman Redevelopment (1/4 Mile South)
Favorable SPD Zoning (Specific Plan District) Allows for Multiple Future Redevelopment Options

Property Flyers

Financial Summary (Actual)

Net Operating Income: $383,312 USD (2025)
Cap Rate: 7.32 %
Total Expenses: $193,038 USD

Amenities

  • Laundry Facilities
  • Heating
  • Trash Pickup - Curbside
  • Kitchen
  • Range
  • Handrails

Public Transportation

Commuter RailDriveWalkDistance
Westminster Station N-Bound (Union Station to Westminster Station - Regional Transportation District) 4 min 9 min 0.5 mi
Westminster Station S-Bound (Union Station to Westminster Station - Regional Transportation District) 1 min 10 min 0.5 mi
AirportDriveWalkDistance
Denver International 34 min - 26.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 42
Type: Surface
Included in Rent: Yes
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors