Investment Overview

7200 Tennyson Street is a four-unit multifamily community that presents investors with the opportunity to acquire a well-located, clean workforce housing asset in the Westminster, Colorado. This property offers strong in-place cash flow and a clear path to near-term yield expansion. With easy access to Denver and Boulder, the property offers 2-bedroom, 1.5-bathroom townhome-style units averaging approximately 912 SF each. Each unit has washer/dryer hook-ups, newer windows, and some units have updated appliances and vinyl plank flooring. Every unit has its own furnace and water heater being individually metered for gas and electricity usage. These are,paid directly by the residents. Water, sewer, and trash is paid by the owner and the new owner may choose to bill this back to the residents. Built in 1962, this sturdy all-brick building has a pitched roof and sits on a 0.26 acres fenced lot with off-street parking for the residents. Current in-place rents average approximately $1,624 per month, with market rents supported closer to $1,695 per month offering a great opportunity for tenants seeking affordability with convenient access to major employment centers along the US-36 corridor.