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5997 Magnolia St

4 Unit Apartment Building Offered at $1,407,378 CAD at a 6.43% Cap Rate in Commerce City, CO 80022

Investment Highlights

  • Fully Renovated, Turn Key Property
  • Excellent Unit Mix
  • Ample Parking
  • High End Finishes with Washer/ Dryer In-Unit
  • Short Drive to Downtown Denver
  • New Flooring, Lighting, Appliances, etc.

Executive Summary

MMG is pleased to present 5997 Magnolia, your ideal commercial real estate opportunity in the heart of rapidly expanding Commerce City with easy access to main roads and short drive to Denver! This quadplex offers residents private fenced-in yards, in-unit laundry, and stainless-steel appliances in this recently updated space. With its prime location and modern features, this property offers the perfect blend of comfort and convenience for owner-occupying owners. Take the next step towards your real estate investment success with this exceptional opportunity. **Portfolio sale with 6680-6690 E 63rd Pl — can be purchased separately or together.

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,407,378 CAD
Price Per Unit $351,845 CAD
Sale Type Investment
Cap Rate 6.43%
No. Units 4
Property Type Multifamily
Building Class B
Building Size 2,800 SF
No. Stories 1
Year Built/Renovated 1942/2022

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $1,580 CAD 600
2+1 2 $2,585 CAD 700
3+1 1 $3,303 CAD 800
  • Listing ID: 32930916

  • Date on Market: 2024-08-23

  • Last Updated:

  • Address: 5997 Magnolia St, Commerce City, CO 80022

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