Multifamily Property for Sale in Arvada, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Arvada, CO 80004

Description

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 6030 Yarrow Street, a stabilized six-unit multifamily investment in Arvada, Colorado. Offered at a 6.17% in-place cap rate with projected expansion to 6.93% in Year One, the asset provides a clear path to immediate income growth through achievable rent normalization rather than reliance on speculative value-add execution. The property features a balanced mix of two- and three-bedroom units, with current average rents of $1,878 for two-bedrooms and $2,050 for three-bedrooms. This larger-unit profile aligns with durable tenant demand in one of the northwest metro’s most supply-constrained submarkets. With projected stabilized cash-on-cash returns exceeding 8%, the investment offers consistent yield and attractive risk-adjusted performance throughout the hold period. Strategically located near Olde Town Arvada with strong commuter access, 6030 Yarrow Street benefits from desirable 1980s construction—an uncommon vintage for a six-unit asset. The combination of stable in-place cash flow, measurable day-one NOI growth, and long-term appreciation potential positions this offering as a compelling opportunity within the Denver MSA. Investment Highlights: • Immediate yield growth with a 6.17% going-in cap rate and achievable rent trade-outs pushing returns higher. • Strong cash flow with projected 8%+ stabilized cash-on-cash returns supported by in-place income. • Rare 1980s six-unit asset in supply-constrained Arvada, offering durable demand and lower long-term capital exposure.

Market Context

This multifamily in Arvada, CO is listed for sale. It is offered at an approximate 6.2% 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 Arvada, CO — <a href="/search/sale/multifamily/colorado/arvada">view the full market</a>.

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