$2,375,000
$2,450,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 10/11/2024
Key Details
Sold Price $2,375,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 8284401
Sold Date 10/11/24
HOA Y/N No
Originating Board recolorado
Year Built 1962
Annual Tax Amount $10,610
Tax Year 2023
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Asbury Arms Apartments, located at 4630 E Asbury Cir, consists of (1) 1bed/1bath and (11) 2bed/1bath units totaling 12 units. The property sits in the convenient location of Virginia Village with instant access to I-25 and Colorado Blvd. making it perfect for tenants commuting to downtown Denver, DU campus, or the Denver Tech Center. There have been many recent updates to the property including new galvanized steel stairs, exterior landings, and recently re-coated roof. There is immediate upside in raising the rents to market with little to no work needed, or an investor can choose to renovate the property to achieve even higher rents and bring this property to the next level. Please contact Jack Sherman to schedule a showing at 303-903-9638
Location
State CO
County Denver
Zoning S-MU-5
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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