$4,975,000
$5,400,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
0.62 Acres Lot
SOLD DATE : 11/26/2024
Key Details
Sold Price $4,975,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1500409
Sold Date 11/26/24
HOA Y/N No
Year Built 1974
Lot Size 0.619 Acres
Acres 0.62
Property Sub-Type Multi Family
Property Description
Hawk Point Apartments is an expansive 30-unit apartment complex that boasts a mix of (20) 1-bedroom/1-bath and (10) 2 bedroom/1-bath units, with over 50% of units already updated, the building represents a value-add opportunity for investors to finish the renovations and optimize the operations at the building. The property is in a coveted location, offering easy access to Hwy 285 and I-25 and just a 10-minute drive to Englewood or Downtown Littleton. Tenants enjoy nearby amenities like Bear Creek Park and River Point Shopping Area, along with free reserved parking at a 1:1 ratio. Additionally, the property sits directly across the street from Mullen High School. Hawk Point Apartments presents a highly attractive asset with considerable rental upside potential.
Location
State CO
County Arapahoe
Zoning RES-MF
Exterior
Waterfront Description Public
Private Pool No
Building
Sewer Public Sewer
Water Public
Others
Tax ID 2077-05-2-00-028
Special Listing Condition None Known
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