CO
Jefferson
Arvada
80003
5815 Pierce Street A-H
5815 Pierce Street A-H, Arvada, CO 80003
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Listing Type
Commercial/Industrial
Listing Status
active
3
$2,100,000

Home Details for 5815 Pierce Street A-H

Price
$2,100,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1983
County
Jefferson
Garage
Days on site
66
MLS Listing#
1899422
Property Description

CBRE is pleased to present 5815 Pierce St, an eight-unit multifamily investment opportunity in Arvada, Colorado. Built in 1983, this asset has been under long-term ownership, allowing investors to take advantage of substantial increases in income and asset values through a systematic value-add approach. All eight units are individually deeded townhome-style, with two bedrooms and one and a half bathrooms. The basements currently have laundry hookups and the potential to add a third bedroom and second bathroom. Located just a half mile from Olde Town Arvada, 5815 Pierce St is surrounded by top retail and abundant employment. Nearby, historic Olde Town is the heart and soul of Arvada, with many dining, retail, and entertainment options and a light-rail station serving downtown Denver. 5815 Pierce St’s excellent suburban location and attractive unit layouts will continue to garner high renter demand. These factors and the immediate income upside create a compelling opportunity for investors to acquire a unique, well-located asset in one of the most desirable Denver suburbs.

Property Features
    Listing Courtesy: CBRE, Inc. - 303-583-2038
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    Market statistics compiled from data from Metrolist Inc MLS - Professional (Denver).
    EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
    383 Inverness Parkway Suite 140, Englewood, CO 80112
    Sheryll White Broker. 303 790 7200
    Dawn Campbell
    Associate Broker
    Office
    303 790 7200
    Agent
    303 408 3229
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