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9945-9955 W 59th Pl
Arvada, CO 80004 Alta Vista Area

$1,500,000 USD

Apartments For Sale • 7,232 SF

Property Details

Property Type Apartments
Total Building Size 7,232 SF
Lot Size 0.44 AC
Building Class C
Year Built 1958
Cap Rate 6.12 %
Zoning PUD-K, Arvada

32 Transit Score

79 Walk Score

                
                    Highlights
                
                                Now Priced Well Below Comparable Properties
                            
                                Individually Deeded Units = Condo Conversion Opportunity
                            
                                All Large 2Bd & 3Bd Units
                            
                                Recent Capital Improvements Include: Roof, Windows, Boiler, Hot Water Heaters and Majority of Units Have Been Renovated
                            
                                Just One Mile to Arvada Ridge Light Rail Station. Walk to Parks, Restaurants, Retail, Public Transportation and Places of Employment
                            
                                Excellent Neighborhood Demographics: Average Household Income of $98k within 1 Mile

Property Flyers

9945-9955 W 59th Place - OM (EMAIL)

Financial Summary (Actual)

Net Operating Income: $91,760 USD (2025)

Cap Rate:	6.12 %
Total Expenses:	$51,901 USD

Amenities

Laundry Facilities
Grill
Refrigerator
Oven
Range
Tub/Shower
Carpet
Vinyl Flooring

Public Transportation

Commuter Rail	Drive	Walk	Distance
	2 min	20 min	1.0 mi
	2 min	-	1.1 mi
Airport	Drive	Walk	Distance
Denver International	39 min	-	30.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	13
Type:	Surface
Included in Rent:	Yes

Jake Waxter 443-827-6572 Pinnacle Real Estate Advisors

9945-9955 W 59th Pl Arvada, CO 80004 Alta Vista Area