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For Sale13 Days
$3,640,000

5532 Newland Way
Arvada, CO 80002

Commercial For Sale
9,130 Sq. Ft.
0.56 Acre Lot
Pinnacle Real Estate Advisors

Description for 5532 Newland Way, Arvada, CO 80002

The Knowlton Lawson Team is excited to present the exclusive opportunity to acquire N32 Apartments, a fully renovated 14- unit apartment complex located just blocks from Olde Town in Arvada, CO. This turnkey property offers premium rental income, thanks to its modernized units and prime location. Residents enjoy a perfect balance of urban convenience and small-town charm, with easy access to big-box retailers like Costco, Sam’s Club, Home Depot, and Lowes, while also being steps away from the historic character of Olde Town.rnThe property’s proximity to the G line light rail station and I-70 ensures seamless commutes to Downtown Denver, Denver International Airport, and the Colorado mountains, further enhancing its appeal. The pet-friendly, professionally managed community boasts updated units, a beautifully landscaped courtyard with new stairways, 28 on-site parking spaces, and sits on an oversized lot with potential for additional parking or covered garages. This rare, turnkey investment opportunity combines strong, stable cash flowrnwith significant long-term appreciation upside in one of the most desirable neighborhoods in Arvada.

Property Details

Listing Details
For Sale
Commercial
Multi-Family
For Sale
REC3253082
$3,640,000
10/31/2024
9,130 Sqft
1971
Single Family
Tenant's personal property
28
REC001038
Location Information
US
CO
Jefferson
Arvada
80002
Newland
5532
Way
N32 Apartments
W106° 55' 49.1''
N39° 47' 49.7''
Yes
Garage/Parking
No
No
Exterior Features
No
No
Brick
WaterFront and WaterAccess
No
Land Info
0.56 Acre
Nw
R-24
091081
Monthly
Multi-family
Utilities
Public Sewer
HOA Info
2
Monthly
14
No
Rental Info
Monthly
Tax Info
SECTION 13 TOWNSHIP 03 RANGE 69 QTR NW SUBDIVISIONCD 005000 SUBDIVISIONNAME A-W-L SUB BLOCK LOT 0004 SIZE: 13871 TRACT 00A VALUE: .318 SECTION 13 TOWNSHIP 03 RANGE 69 QTR NW SUBDIVISIONCD 005000 SUBDIVISIONNAME A-W-L SUB BLOCK LOT 0005 SIZE: 10974 TR ACT 00A VALUE: .252
$16,216
2023
Listing Information
Pinnacle Real Estate Advisors
Robert Lawson
RECM0485
Recolorado
$3,640,000
11/01/2024 00:05:19
Low Rise (1-3)
Public

Price History

Source: MLS
DateEventPriceSource
2024-10-31 17:50:42For Sale$3,640,000MLS
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4

Bike Score

7

Transit Score

3

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