Address: 3373 S Alcott St, Englewood, CO 80110, USA
Created date: July 17, 2024
Date last updated: September 15, 2024
Property Description
3373 S Alcott St is 6 apartment units and 8 industrial sized storage units that enjoys a prime, amenity-rich location in Englewood, CO in Arapahoe County. The Property was built in 1981 and constructed of brick. The property consists of six large 850 SF two bed- one bath units. Amenities include kitchens equipped with a stove, refrigerator, dishwasher, and microwave oven, LTV flooring, and carpeting. The property provides a laundry facility, and a large open surface parking lot. This investment opportunity is priced at a 7.05% cap rate with immediate cash on cash return of 6.02%. 3373 S Alcott is a excellent opportunity for investors to receive immediate cashflow while affording the ability to raise the remaining units to market.