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5550-5556 Newland Way
Arvada, CO 80002 Downtown Arvada

$840,000 USD

Apartments For Sale  •  4,182 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,182 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 6.66 %
  • Zoning R-M
30 Transit Score
50 Walk Score

Highlights

ALL L ARGE 2BED/1.5BATH 2 -STORY TOWNHOME UNITS
GREAT LOCATION NEARBY OLDE TOWN ARVADA
6.66% CURRENT CAP!
JUST 0.46% VACANCY PAST 12 MON THS: RENTAL UPSIDE
WELL MAINTAINED ASSET WITH LONG-TERM OWNER
ON-SITE L AUNDRY ROOM & S HARED BACKYARD

Property Flyers

Financial Summary (Actual)

Net Operating Income: $55,950 USD (2026)
Cap Rate: 6.66 %
Total Expenses: $23,466 USD

Public Transportation

Commuter RailDriveWalkDistance
Olde Town Arvada E-Bound (Union Station to Wheat Ridge Ward Station - Regional Transportation District) 2 min 13 min 0.7 mi
Olde Town Arvada W-Bound (Union Station to Wheat Ridge Ward Station - Regional Transportation District) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
Denver International 36 min - 27.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors