Over 10% Cap Rate! This 6 unit apartment complex is a cash cow. All units are updated. New furnaces, updated plumbing, electrical, new paint, new landscaping and strong leases in place. The property consists of three structures: Two Triplexes and a two car detached garage plus additional storage building that can be leased out in the future. Property includes coin laundry for the tenants and an outside courtyard area. Conveniently located across the street from Rose Elementary School. Walking distance to many parks. Just 3 minutes away from Dick’s Sporting Goods Park and the Stapleton neighborhood. 15 minutes away from Downtown Denver!
5800 Newport Street
Over 10% Cap Rate! 6-unit apartment complex. 6 UNITS | 6 BATHS | 5,448 SQ FT
Priced at $999,900