Multifamily Property for Sale in Westminster, CO
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Westminster, CO 80030
Description
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. Investment Highlights: • Comprehensive interior renovation program completed across kitchens and bathrooms • Significant capital improvements completed, including major plumbing infrastructure repair and new backflow system • In-unit washer/dryer installation in select units, creating additional rent upside
Market Context
This multifamily in Westminster, CO is listed for sale. It is offered at an approximate 5.9% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 67 days. Compare it against other multifamily listings for sale in Westminster, CO — <a href="/search/sale/multifamily/colorado/westminster">view the full market</a>.
Contact
- Greg Parker · (303) 328-2015 · greg.parker@marcusmillichap.com
- Jason Hornik · (303) 328-2064 · jason.hornik@marcusmillichap.com
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