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3817-3829 Oak St 7 Unit Apartment Building $1,920,555 CAD ($274,365 CAD/Unit) 6.46% Cap Rate Wheat Ridge, CO 80033
Investment Highlights
- 7 unit Multifamily investment opportunity
- Desirable Wheat Ridge location
- High-rise potential
Executive Summary
3817–3829 Oak Street is a seven-unit, townhome-style apartment property located in Wheat Ridge, Colorado. Built in 1968, the asset consists of two two-story brick buildings totaling approximately 6,090 square feet on a 13,984 square foot lot.
The property features seven spacious two-bedroom, one-bathroom townhome-style units averaging approximately 870 square feet. The two-story layouts provide a more residential feel with separation between living and sleeping areas, enhancing tenant appeal and retention.
Constructed with durable brick exteriors and composition shingle roofing, the property offers long-term structural stability and reduced exterior maintenance. Positioned in the desirable 80033 submarket, the asset benefits from strong rental demand driven by convenient access to major corridors, employment centers, retail amenities, and both downtown Denver and the foothills.
The property features seven spacious two-bedroom, one-bathroom townhome-style units averaging approximately 870 square feet. The two-story layouts provide a more residential feel with separation between living and sleeping areas, enhancing tenant appeal and retention.
Constructed with durable brick exteriors and composition shingle roofing, the property offers long-term structural stability and reduced exterior maintenance. Positioned in the desirable 80033 submarket, the asset benefits from strong rental demand driven by convenient access to major corridors, employment centers, retail amenities, and both downtown Denver and the foothills.
Property Facts
| Price | $1,920,555 CAD | Property Subtype | Apartment |
| Price Per Unit | $274,365 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.32 AC |
| Cap Rate | 6.46% | Building Size | 6,090 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1968 |
| Price | $1,920,555 CAD |
| Price Per Unit | $274,365 CAD |
| Sale Type | Investment |
| Cap Rate | 6.46% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 6,090 SF |
| No. Stories | 2 |
| Year Built | 1968 |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $123,181 CAD | |
| Land Assessment | $57,282 CAD | Total Assessment | $180,463 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$57,282 CAD
Improvements Assessment
$123,181 CAD
Total Assessment
$180,463 CAD
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3817-3829 Oak St
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