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4160 W 74th Ave
Westminster, CO 80030
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Comprehensive interior renovation program completed across kitchens and bathrooms
- In-unit washer/dryer installation in select units, creating additional rent upside
- Significant capital improvements completed, including major plumbing infrastructure repair and new backflow system
Executive Summary
Marcus & Millichap is pleased to present 4160 W 74th Ave, an 8-unit workforce housing asset in the Westminster corridor featuring spacious two-bedroom floorplans averaging ~850 SF. The property delivers strong in-place cash flow with a clear path to near-term upside through mark-to-market rent growth, supported by renovated comps achieving higher rents in the immediate submarket. Well-maintained interiors provide a low-risk value-add opportunity through light upgrades and operational efficiencies. Strategically located along the US-36 corridor with direct access to both Denver and Boulder, the asset is positioned for durable demand, stable income, and long-term rent growth.
Property Facts
| Price Per Unit | $246,225 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.36 AC |
| Cap Rate | 6.45% | Building Size | 6,800 SF |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment | Parking Ratio | 2.06/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R4 | ||
| Price Per Unit | $246,225 CAD |
| Sale Type | Investment |
| Cap Rate | 6.45% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 6,800 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Parking Ratio | 2.06/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 850 |
Property Taxes
| Parcel Number | 1719-31-4-21-001 | Improvements Assessment | $128,881 CAD |
| Land Assessment | $12,058 CAD | Total Assessment | $140,939 CAD |
Property Taxes
Parcel Number
1719-31-4-21-001
Land Assessment
$12,058 CAD
Improvements Assessment
$128,881 CAD
Total Assessment
$140,939 CAD
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