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7250 - 7290 Newton St 7250-7270 Newton St 33 Unit Apartment Building $7,877,500 CAD ($238,712 CAD/Unit) 6.21% Cap Rate Westminster, CO 80030
Investment Highlights
- Great Location within Westminster, quick commute to Boulder or Downtown Denver
- Off Street Parking, Onsite Laundry, Courtyard Style
- Outside Walk-up, Pitched Roofs, Central Boiler, Sep Electric
Executive Summary
Contact Listing Broker for detail information regarding current occupancy and available leasing credit at closing.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $7,877,500 CAD | Building Class | C |
| Price Per Unit | $238,712 CAD | Lot Size | 1.74 AC |
| Sale Type | Investment | Building Size | 23,400 SF |
| Cap Rate | 6.21% | Average Occupancy | 52% |
| No. Units | 33 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 0.88/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R-4, Westminster - Located in Opportunity Zone | ||
| Price | $7,877,500 CAD |
| Price Per Unit | $238,712 CAD |
| Sale Type | Investment |
| Cap Rate | 6.21% |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.74 AC |
| Building Size | 23,400 SF |
| Average Occupancy | 52% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 0.88/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-4, Westminster - Located in Opportunity Zone |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Storage Space
- Heating
- Eat-in Kitchen
- High Speed Internet Access
- Yard
- Lawn
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | $1,644 CAD | 550 - 600 |
| 2+1 | 18 | $1,850 CAD | 750 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Total Assessment | $596,349 CAD (2025) | |
| Land Assessment | $32,501 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $563,848 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$32,501 CAD (2025)
Improvements Assessment
$563,848 CAD (2025)
Total Assessment
$596,349 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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7250 - 7290 Newton St | 7250-7270 Newton St
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