Multifamily Property for Sale in Westminster, CO
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Westminster, CO 80030
Description
7240 Tennyson St presents investors with the opportunity to acquire a well-located, clean workforce housing asset in the Westminster corridor offering both strong in-place cash flow and a clear path to near-term yield expansion. With a going-in cap rate of 6.64% and the ability to expand to 7.51% in Year One, the property delivers immediate returns with additional upside through operational improvements and mark-to-market rent growth. Investment Highlights: • Offers attainable 2BR units in a high-demand corridor between Denver and Boulder, ensuring stable renter demand. • Hands-on management and expense control create immediate NOI lift with minimal capital needs. • Convenient access to Denver and Boulder with strong demographics supporting long-term rental demand.
Market Context
This multifamily in Westminster, CO is listed for sale. It is offered at an approximate 6.6% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 68 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
- Jason Hornik · (303) 328-2064 · jason.hornik@marcusmillichap.com
- Greg Parker · (303) 328-2015 · greg.parker@marcusmillichap.com
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