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5532 Newland Way, Arvada, CO – $3,640,000

  • $3.6M Price
  • 9,130 Sqft
  • .56 Acres
  • $3.6M Price
  • 9,130 Sqft
  • .56 Acres

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5532 Newland Way

The Knowlton Lawson Team is excited to present the exclusive opportunity to acquire N32 Apartments, a fully renovated 14- unit apartment complex located just blocks from Olde Town in Arvada, CO. This turnkey property offers premium rental income, thanks to its modernized units and prime location. Residents enjoy a perfect balance of urban convenience and small-town charm, with easy access to big-box retailers like Costco, Sam’s Club, Home Depot, and Lowes, while also being steps away from the historic character of Olde Town. The property’s proximity to the G line light rail station and I-70 ensures seamless commutes to Downtown Denver, Denver International Airport, and the Colorado mountains, further enhancing its appeal. The pet-friendly, professionally managed community boasts updated units, a beautifully landscaped courtyard with new stairways, 28 on-site parking spaces, and sits on an oversized lot with potential for additional parking or covered garages. This rare, turnkey investment opportunity combines strong, stable cash flow with significant long-term appreciation upside in one of the most desirable neighborhoods in Arvada.

Listing Office: Pinnacle Real Estate Advisors

Essential Information

  • MLS® #3253082
  • Price$3,640,000
  • Bathrooms0.00
  • Square Footage9,130
  • Acres0.56
  • Year Built1971
  • TypeCommercial Sale
  • Sub-TypeMulti-Family
  • StatusActive

Community Information

  • Address5532 Newland Way
  • CityArvada
  • CountyJefferson
  • StateCO
  • Zip Code80002

Amenities

  • Parking Spaces28

Additional Information

  • Date ListedOctober 31st, 2024
  • ZoningR-24

Listing Details

  • Pinnacle Real Estate Advisors

Office Contact

rlawson@pinnaclerea.com,303-962-9555

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Listing information last updated on December 25th, 2024 at 11:48am MST.