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16680 W 11th Ave
Golden, CO 80401
16680 W 11th Ave · Multifamily Property For Sale
·
5 Units
Investment Highlights
- Stabilized 5-unit asset in Golden with 100% occupancy and a 6.67% in-place cap rate delivering immediate, reliable cash flow.
- Optional 6th unit via ADU fully renovated and able to be zoned conforming adding ~$1,300/month in additional income.
- Below market rents sit $150–$300 below comps, offering easy revenue growth without renovations as leases roll.
Executive Summary
Marcus & Millichap is pleased to present 16680 W 11th Avenue, a stabilized 5-unit multifamily asset located in the heart of Golden, Colorado. Built
in 1950, the property has been thoughtfully renovated and maintained by current ownership and offers investors a low-maintenance, cash-flowing
opportunity in one of the Denver metro’s most supply-constrained and desirable rental submarkets. With immediate proximity to major employment
hubs, outdoor recreation, and downtown Golden amenities, the property provides consistent renter demand and long-term investment durability.
in 1950, the property has been thoughtfully renovated and maintained by current ownership and offers investors a low-maintenance, cash-flowing
opportunity in one of the Denver metro’s most supply-constrained and desirable rental submarkets. With immediate proximity to major employment
hubs, outdoor recreation, and downtown Golden amenities, the property provides consistent renter demand and long-term investment durability.
Property Facts
| Price Per Unit | $231,822 CAD | Building Size | 2,300 SF |
| Sale Type | Investment | Average Occupancy | 95% |
| Cap Rate | 6.96% | No. Stories | 1 |
| No. Units | 5 | Year Built | 1950 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price Per Unit | $231,822 CAD |
| Sale Type | Investment |
| Cap Rate | 6.96% |
| No. Units | 5 |
| Property Type | Multifamily |
| Building Size | 2,300 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 1950 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,591 CAD | 367 |
| 2+1 | 2 | $2,045 CAD | 600 |
Property Taxes
| Parcel Number | 40-021-00-032 | Improvements Assessment | $24,667 CAD |
| Land Assessment | $32,777 CAD | Total Assessment | $57,444 CAD |
Property Taxes
Parcel Number
40-021-00-032
Land Assessment
$32,777 CAD
Improvements Assessment
$24,667 CAD
Total Assessment
$57,444 CAD
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