Skip to main content

Multifamily

3700 S. Lincoln St.

3700 S Lincoln St, Englewood, CO 80113

Listing Price: $1,850,000

Cap Rate
4.63%
Number of Units
9
Occupancy
97.0%
Price/Unit
$205,556
Price/Gross SF
$355.43
Gross SF
5,205

Investment Overview

3700 S Lincoln Street Apartments is a 9-unit multifamily apartment investment opportunity located in Englewood, CO. The property is located in the heart of Englewood and is within walking distance to many nationally known big box retailers and numerous grocery stores, restaurants and shopping districts. This property is also only blocks away from Swedish Medical Center and Craig Hospital. This ideal location is located 1 mile from the Englewood Light Rail Station and has convenient access to Highway 285, Highway 85 and Broadway. Englewood is one of the most sought after markets for apartments owners as overall inventory of multi family units is extremely low and thus vacancy levels are extremely low. Those key factors make the prospects for long term rent growth excellent. The property includes a large garage for RV/truck storage and three double car garages which provide significant additional income. The average home price year to date 2021 in Englewood is currently $535,000 which increases the affordability gap between buying and renting.

Investment Highlights

  • New Garage and Storage Units Provide Significant Additional Income
  • Completely Remodeled Apartment Building with Nine Turn-Key Studio Units
  • New Interior: Flooring, Furnaces (Three), Electrical and Plumbing
  • New Exterior: Roof, Gutters, Stucco, Staircases and Windows
  • Owner-Owned Coin Operated Laundry Machines
  • High Walkability Score, Steps Away from Retailers, Restaurants and Hospitals

Exclusively Listed By

Listing Price: $1,850,000

Cap Rate
4.63%
Number of Units
9
Occupancy
97.0%
Price/Unit
$205,556
Price/Gross SF
$355.43
Gross SF
5,205

Investment Highlights

  • New Garage and Storage Units Provide Significant Additional Income
  • Completely Remodeled Apartment Building with Nine Turn-Key Studio Units
  • New Interior: Flooring, Furnaces (Three), Electrical and Plumbing
  • New Exterior: Roof, Gutters, Stucco, Staircases and Windows
  • Owner-Owned Coin Operated Laundry Machines
  • High Walkability Score, Steps Away from Retailers, Restaurants and Hospitals

Investment Overview

3700 S Lincoln Street Apartments is a 9-unit multifamily apartment investment opportunity located in Englewood, CO. The property is located in the heart of Englewood and is within walking distance to many nationally known big box retailers and numerous grocery stores, restaurants and shopping districts. This property is also only blocks away from Swedish Medical Center and Craig Hospital. This ideal location is located 1 mile from the Englewood Light Rail Station and has convenient access to Highway 285, Highway 85 and Broadway. Englewood is one of the most sought after markets for apartments owners as overall inventory of multi family units is extremely low and thus vacancy levels are extremely low. Those key factors make the prospects for long term rent growth excellent. The property includes a large garage for RV/truck storage and three double car garages which provide significant additional income. The average home price year to date 2021 in Englewood is currently $535,000 which increases the affordability gap between buying and renting.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower