Active

6499 W 38th Avenue

Wheat Ridge CO, 80033

$3,100,000


$208.53 per sqft

Active

14,866 sqft

Commercial

Built in 1957

The Knowlton Lawson Team is pleased to offer the exclusive opportunity to acquire the Marshall Manor Apartments, a 14-unit complex featuring 6 one-bedroom, one-bath units and 8 two-bedroom, one-bath units. Seventy-five percent of the units have been recently updated with new flooring, modernized kitchens, and renovated bathrooms. Additional property upgrades include new windows and electrical panels. Residents benefit from convenient access to nearby grocery stores such as Safeway, King Soopers, Sprouts, and
Walmart, all within a mile of the property. With easy access to I-70, tenants enjoy quick commutes to Downtown Denver or can easily head to the mountains for a weekend retreat. These improvements, combined with the property's prime location, make Marshall Manor Apartments an attractive option for long-term tenants, ensuring strong tenant retention and potential for increased rental rates.

5810871

MLS ID

February 14, 2025

Listed

February 18, 2025

Updated

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.51 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$10,720


Tax Frequency

Annually


Garage

No


Parking Total

14


View

No


County

Jefferson


Water Source

Public


Pool

No


Zoning

R-3

Listed by Pinnacle Real Estate Advisors, Jim Knowlton, Listing Contact: [email protected],303-962-9543 
 

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Data last updated 9:47 PM UTC, 2/18/2025

 

 

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