Value-Add 4Plex Sells Near Historic Olde Town Arvada

9436 W 57th Ave, Arvada, CO 80002

Arvada, CO – December 1, 2023 – Kaufman Hagan is pleased to announce the sale of 9436 W 57th Avenue, a 4-unit multifamily opportunity with four spacious 2-bedroom, 1-bath units.

Kaufman Hagan Brokers, Kevin Woolsey and Colby Constantine proudly represented the Seller in this smooth transaction.

“9436 W 57th Ave in Arvada provided a compelling opportunity to invest in a 4-unit value-add multifamily property. Kaufman Hagan ran a full marketing process, resulting in multiple offers and a final sales price of $840,000. This site features four generously sized 2-bedroom, 1-bath units. Recent updates included a new roof and new HVAC systems for each unit, providing the next owner an opportunity to perform interior enhancements. Situated just 1.25 miles from the bustling retail and entertainment hub of Olde Town Arvada, coupled with the prospect of increasing rents through interior upgrades, made it an excellent opportunity for its new owner.”

Colby Constantine, Broker, Kaufman Hagan Commercial Real Estate

For more information on this transaction, or to discuss multifamily investing, please contact Colby Constantine at 720-822-0029 | colby@khcommercial.com & Kevin Woolsey at 303-990-4361 | kwoolsey@khcommercial.com.


SALE HIGHLIGHTS

  • Property Type: Multifamily
  • Closed Date: December 1, 2023
  • Property: 9436 W 57th Avenue, Arvada, CO 80002
  • Sale Price: $840,000
  • Total Units: 4
  • Price / Unit: $210,000
  • GBA: 3,800 SF
  • Price / SF: $221.05

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