Active

5579 S Windermere Street

Littleton CO, 80120

$12,000,000


$263.35 per sqft

Active

45,567 sqft

Commercial

Built in 1972

Please note that the co-op commission is 0.8% of Net Purchase Price.

* Proforma Rents Already Being Achieved! Easily Bring Existing Leases to Proforma Levels
* Many Recent Capital Improvements Including New: Roof, Boilers, Windows, Steel & Concrete Stairs/Walkways/Columns/Landings, Exterior Paint, Common Area Upgrades & Landscaping
* 25/57 Units Have Been Recently Renovated with New Kitchens, Bathrooms, Floors, Electric Panels and More For Average Rent Increase of $150/Unit
* Diverse Unit Mix Offering Renovated and Unrenovated 1Bd & 2Bd Unit Leasing Options
* Rare Mid-Rise Building Offering Unobstructed Views of the Rocky Mountains & Great Street Visibility
* Just 1/2 Mile to Downtown Littleton, Light Rail Station, Restaurants/Retail, Schools and Parks
* Less than 1 Mile to Arapahoe Community College & Hwy 85
* Excellent Neighborhood Demographics: Average Monthly Rents Accounting for Only 14% of Average Monthly Income

2889381

MLS ID

November 20, 2023

Listed

February 16, 2024

Updated

Map

5579 S Windermere Street
Littleton CO, 80120

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.11 Acres


Exterior Features

Barbecue, Lighting


Lot Features

Near Public Transit


Architectual Style

Contemporary


Roof

Membrane


Sewer

Public Sewer

Other Property Details

Taxes

$65,723


Tax Frequency

Annually


Garage

No


Parking Total

68


View

No


County

Arapahoe


Water Source

Public


Pool

No

Listed by Pinnacle Real Estate Advisors, Josh Newell, Listing Contact: [email protected],303-962-9559 
 

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