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3201 Riverside Dr
Idaho Springs, CO 80452

$7,400,000 USD

Apartments For Sale  •  35,438 SF

Property Details

  • Property Type Apartments
  • Total Building Size 35,438 SF
  • Lot Size 1.99 AC
  • Building Class C
  • Year Built 1974
  • Cap Rate 6.35 %
  • Zoning R-3
0 Transit Score
39 Walk Score

Highlights

Well-maintained property with excellent unit mix
Heated pool, sauna, and workout room on property
Individual patios or balconies
Covered parking
$75,000 Heat Exchanger (2025)
Tenants enjoy clear creek running on the South side of the property

Property Flyers

Financial Summary (Actual)

Net Operating Income: $449,098 USD (2024)
Cap Rate: 6.35 %
Total Expenses: $288,975 USD

Amenities

  • 24 Hour Access
  • Controlled Access
  • Dishwasher
  • Disposal
  • Fitness Center
  • Laundry Facilities
  • Pool
  • Sauna
  • Tenant Controlled HVAC
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Matthew Lewallen 303-210-1623 Kevin Calame
Matthew Lewallen 303-210-1623 Kevin Calame