Skip to main content

Multifamily

Verl-don Apartments

7461 Quitman St, Westminster, CO 80030

Listing Price: $3,700,000

Cap Rate
6.16%
Number of Units
16
GRM
11.34
Occupancy
95.0%
Price/Unit
$231,250
Price/Gross SF
$217.65
Gross SF
17,000

Investment Overview

Marcus & Millichap is pleased to present 7461 Quitman St, a 16-unit property located in Westminster, CO. This well-maintained, fee simple property offers an ideal investment
opportunity in a prime location. The property consists of one 2-story building, constructed in 1975, and sits on 0.47 acres with a total rentable square footage of 13,600. With
a mix of spacious units, this property provides attractive rental potential in a growing and dynamic market. The combination of its solid construction, prime location, and
manageable size makes 7461 Quitman St a great opportunity for investors looking for an income-producing asset with the potential for value-add improvements.

Investment Highlights

  • 100% 2-bed/1-bath units avg. 850 SF with current rents at $1,573. Market rents up to $1,700 offer solid upside in a desirable workforce housing layout.
  • Well-maintained 1975 construction with classic finishes. Light unit upgrades can boost rents 5–10%+ and unlock immediate NOI growth.
  • Offered debt-free with new financing optional. Ideal size for private or 1031 buyers seeking strong returns in the North Denver metro.

Exclusively Listed By

Multifamily

Verl-don Apartments

Listing Price: $3,700,000

Cap Rate
6.16%
Number of Units
16
GRM
11.34
Occupancy
95.0%
Price/Unit
$231,250
Price/Gross SF
$217.65
Gross SF
17,000

Investment Highlights

  • 100% 2-bed/1-bath units avg. 850 SF with current rents at $1,573. Market rents up to $1,700 offer solid upside in a desirable workforce housing layout.
  • Well-maintained 1975 construction with classic finishes. Light unit upgrades can boost rents 5–10%+ and unlock immediate NOI growth.
  • Offered debt-free with new financing optional. Ideal size for private or 1031 buyers seeking strong returns in the North Denver metro.

Investment Overview

Marcus & Millichap is pleased to present 7461 Quitman St, a 16-unit property located in Westminster, CO. This well-maintained, fee simple property offers an ideal investment opportunity in a prime location. The property consists of one 2-story building, constructed in 1975, and sits on 0.47 acres with a total rentable square footage of 13,600. With a mix of spacious units, this property provides attractive rental potential in a growing and dynamic market. The combination of its solid construction, prime location, and manageable size makes 7461 Quitman St a great opportunity for investors looking for an income-producing asset with the potential for value-add improvements.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower