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Garden Center 66 Garden Ctr

38 Unit Apartment Building $12,119,368 CAD ($318,931 CAD/Unit) 4.76% Cap Rate Broomfield, CO 80020

Executive Summary

Unique Apartment Group is pleased to offer qualified investors the opportunity to purchase 66 Garden Center in Broomfield, Colorado (“Garden Center”). Garden Center is one of the four buildings that comprise the Garden Center apartment complex. Garden Center is a 38-unit apartment building. Garden Center was built in 1971 and is three-stories with a central courtyard. There is no common area hallway.
Every unit has an exterior door opening to the central courtyard. The unit mix consists of Thirty-Two (32) 1-bedroom units and six (6) 2-bedroom units. The grounds at Garden Center have been meticulously maintained and the property has mature trees and shrubs. Residents have full access to a fitness center and swimming pool. Additionally, residents will enjoy the property’s prime location off the Denver Boulder turnpike, which allows easy access to Boulder and Denver.

Property Facts

Price $12,119,368 CAD
Price Per Unit $318,931 CAD
Sale Type Investment
Cap Rate 4.76%
Gross Rent Multiplier 15.03
No. Units 38
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 1.00 AC
Building Size 23,871 SF
No. Stories 3
Year Built 1971
Parking Ratio 2.68/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1575-35-2-17-001
Land Assessment
$36,135 CAD
Improvements Assessment
$523,952 CAD
Total Assessment
$560,087 CAD

zoning

Zoning Code B-1
B-1
  • Listing ID: 32233689

  • Date on Market: 2024-06-24

  • Last Updated:

  • Address: 66 Garden Ctr, Broomfield, CO 80020

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