For Sale:

832 West Prentice Ave
Littleton, CO 80120

Address
832 West Prentice Ave
Littleton, CO 80120
County
Arapahoe
List Price
$1,130,000
# Units
3
Price/Unit
$376,667
Gross Building Area
3,724 SF
Price/SF
$303
Current NOI
$67,846
In-Place Cap Rate
6.10%
Market Cap Rate
6.58%
Parking
4 Garage Bays + Ample Surface
Water/Sewer
Master
Gas
Master
Electric
Individually Metered

The multifamily investment property at 832 W Prentice Ave in Littleton, Colorado offers an outstanding opportunity for investors. This beautiful property features modern, open-layout units with high-end finishes, including hardwood floors, new stainless-steel appliances, and high-efficiency swamp coolers. The property’s units are designed to feel like single-family homes, providing tenants with the perfect blend of privacy and community.
Located just one mile from Downtown Littleton, this property is in a prime location with easy access to three major parks and trails connecting to the Cherry Creek Trail. Tenants will appreciate the property’s proximity to popular retail destinations, including shopping centers, restaurants, and entertainment venues.
The property boasts an impressive going-in cap rate of over 6% for 2005 construction, providing a great return on investment. Additionally, investors have the option to Airbnb the units to increase their income further.
Overall, 832 W Prentice Ave is an exceptional multifamily investment property with a desirable location, modern finishes, and impressive income potential. It presents an excellent opportunity for investors looking to enter the Littleton market.

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