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8770-8780 Galen Ct
Denver, CO 80229 East Westminster

$5,750,000 USD

Apartments For Sale • 30,802 SF

Property Details

Property Type Apartments
Total Building Size 30,802 SF
Lot Size 1.24 AC
Building Class B
Year Built 1973
Cap Rate 6.73 %
Zoning R-IC, County

0 Transit Score

57 Walk Score

                
                    Highlights
                
                                Many Recent Capital Improvements Including Newer: Exterior Stairs/Stringers, Walkways, Windows, Boiler, Sliders, Electrical Panels and Balcony Decking
                            
                                Immediate Rental Upside
                            
                                Excellent Mix of Studios, 1Bd, 2Bd and 3Bd Units
                            
                                Few Rental Options in Immediate Neighborhood
                            
                                Priced Well Below Comparable Properties
                            
                                Less than One Mile to Light Rail Station

Property Flyers

8770 & 8780 Galen Court - OM (EMAIL)

Financial Summary (Actual)

Net Operating Income: $351,040 USD (2024)

Cap Rate:	6.73 %
Total Expenses:	$260,764 USD

Amenities

Air Conditioning
Balcony
Controlled Access
Storage Space
Tenant Controlled HVAC
Breakfast/Coffee Concierge
Trash Pickup - Curbside
High Speed Internet Access
Smoke Free
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
	4 min	17 min	0.9 mi
	7 min	-	3.3 mi
Airport	Drive	Walk	Distance
Denver International	33 min	-	23.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	54
Type:	Surface
Included in Rent:	Yes

Josh Newell 303-962-9555 Pinnacle Real Estate Advisors

8770-8780 Galen Ct Denver, CO 80229 East Westminster