About 4725 W 7th Avenue
Cushman & Wakefield is pleased to present 4725 W 7th Avenue, an exciting opportunity comprised of (5) units in Denver, CO. This opportunity is primed for an investor looking to benefit from predictable in-place returns as well as reap the reward of continuing to increase rents to market level. The property offers four spacious, 3-bedroom & 2-bathroom style apartment homes and one 2-bedroom, 2-bathroom unit, all offering a one car garage.
The property benefits from its location in Villa Park, which is a highly sought-after submarket of Denver for owners and renters alike. The property’s location affords tenants quick access to major employers, roadways, and local transit with easy accessibility to Red Rocks Amphitheater, Downtown Denver and Empower Field at Mile High. This property is perfectly positioned to capitalize on the limited supply and high rental demand in Denver. Investors will enjoy the advantage of minimal maintenance required for this meticulously cared for 2006-year build apartment. 4725 W 7th Ave offers investors the ability to own an asset in a predictable market with solid fundamentals and attractive financing options.
Assumable Loan: 4725 W 7th Avenue offers the advantage of an assumable loan with a fixed interest rate of 3.86% for another seven years. In today’s challenging debt environment, this feature allows investors to streamline the financing process, and ultimately achieve higher returns.
Townhome Style Living: The property features spacious 2- & 3-bedroom, 2 bathroom units with 1 car garages and private patios. These units have been recently renovated with master suites, updated vanities, new flooring, granite countertops, newer appliances, and in-unit washers and dryers. All units are individually metered for gas and electric, paid directly by the tenants, and have low maintenance expenses due to being 2006 construction and also recently renovated.
