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Multifamily

7330 Tennyson St

7330 Tennyson St, Westminster, CO 80030

Listing Price: $825,000

Cap Rate
6.18%
Number of Units
4
GRM
9.82
Occupancy
95.0%
Price/Unit
$206,250
Price/Gross SF
$214.84
Gross SF
3,840

Investment Overview

Marcus & Millichap is pleased to present 7330 Tennyson Street, a 4-unit property located in Westminster, CO. Strategically positioned along the US-36 corridor between Denver and Boulder, the property offers residents unmatched access to two of Colorado’s strongest employment centers. 7330 Tennyson Street is within minutes of the Westminster Station transit hub, providing direct commuter rail service to Downtown Denver, while also offering convenient connectivity to Boulder’s tech and education sectors. The
surrounding Westminster community has experienced meaningful reinvestment, including the redevelopment of Downtown Westminster into a modern, mixed-use district with new retail, restaurants, and public spaces. Residents will also benefit from proximity to abundant outdoor amenities, with over 2,900 acres of parks and open space, as well as easy access to the Big Dry Creek and Clear Creek trail systems. This central location positions the property to capture sustained renter demand driven by Westminster’s growing
population, relative affordability compared to neighboring Denver and Boulder, and ongoing public and private investment in infrastructure, employment, and lifestyle amenities.

Investment Highlights

  • Opportunity to improve units and raise rents to market.
  • Near 20% levered IRR after year 3.
  • Sticky tenant base with solid demographics to support future rent growth.

Exclusively Listed By

Multifamily

7330 Tennyson St

Listing Price: $825,000

Cap Rate
6.18%
Number of Units
4
GRM
9.82
Occupancy
95.0%
Price/Unit
$206,250
Price/Gross SF
$214.84
Gross SF
3,840

Investment Highlights

  • Opportunity to improve units and raise rents to market.
  • Near 20% levered IRR after year 3.
  • Sticky tenant base with solid demographics to support future rent growth.

Investment Overview

Marcus & Millichap is pleased to present 7330 Tennyson Street, a 4-unit property located in Westminster, CO. Strategically positioned along the US-36 corridor between Denver and Boulder, the property offers residents unmatched access to two of Colorado’s strongest employment centers. 7330 Tennyson Street is within minutes of the Westminster Station transit hub, providing direct commuter rail service to Downtown Denver, while also offering convenient connectivity to Boulder’s tech and education sectors. The surrounding Westminster community has experienced meaningful reinvestment, including the redevelopment of Downtown Westminster into a modern, mixed-use district with new retail, restaurants, and public spaces. Residents will also benefit from proximity to abundant outdoor amenities, with over 2,900 acres of parks and open space, as well as easy access to the Big Dry Creek and Clear Creek trail systems. This central location positions the property to capture sustained renter demand driven by Westminster’s growing population, relative affordability compared to neighboring Denver and Boulder, and ongoing public and private investment in infrastructure, employment, and lifestyle amenities.

Exclusively Listed By

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