9945-9955 W 59th Place

Arvada, CO 80004
Square Ft.
7,232
$1,600,000
Property Features: • Individually Deeded Units = Condo Conversion Opportunity • All Large 2Bd & 3Bd Units • Recent Capital Improvements Include: Roof, Windows, Boiler, Hot Water Heaters and Majority of Units Have Been Renovated • Excellent Neighborhood Demographics: Average Household Income of $98k within 1 Mile • JustRead MoreRead Less
Market LogoCourtesy of Pinnacle Real Estate Advisors [email protected]
Listing Snapshot
Days Online
5
Last Updated
Property Type
Multi Family
Square Ft.
7,232
Lot Size
0.44 Acres
Year Built
1958
MLS Number
4331421
30 Days Snapshot Of 80004
$688k
+8%
(avg) sold price
33
-13%
homes sold
54
+1%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Responsibility: "Public Maintained Road"
Building
Building Name: Bluebird Apartments, Construction Materials: "Brick", Effective Year Built: 2024, Features: "Coin Laundry", Occupant Type: Tenant, Stories: 2, Structure Type: "Low Rise (1-3)", Total Area: 7232, Unit Count: 2, Unit Types: "Array", "Array", Built in 1958, 8 total units
Disclosures
Exclusions: Tenant Possessions
Expenses
Operating Expense Includes: "Advertising", "Insurance", "Maintenance", "Professional Management", "Real Estate Tax", "Utilities", Operating Expense: $49,555, Projected Annual Expense: $57,246
Exterior Features
Features: "Barbecue"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 97995.00, Gross Income: $147,550, Projected Annual Net Income: $101,611, Projected Gross Income: $158,858
Lot
Acres: 0.44, Area: 0.44, Parcel Number: 453595–453602 See Exhibit A, Square Feet: 19166.4
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Electricity", "Gas", "Taxes", "Trash Collection", "Water"
Parking
Parking Total: 13, Carport Spaces: 0, Offstreet Spaces: 13, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1, Parking Ratio: 1.625 Spaces/Unit
Property
Current Use: "Multi-Family", Property Sub Type: Multi Family
Security Features
Features: "Fire Alarm", "Smoke Detector(s)"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 7114, Legal Description: SECTION 10 TOWNSHIP 03 RANGE 69 QTR SE SUBDIVISIONCD 628415 SUBDIVISION NAME RALSTON VALLEY CONDOS (2007104745) BLOCK LOT 0001, 0002, 0003, 0004, 0005, 0006, 0007, 0008 Tract. See Exhibit A in additional documents for complete legal descriptions., Tax Year: 2025
Tenant Pays
Tenant Pays: "Cable TV", "Internet", "Telephone"
Utilities
Power Production Count: 0, Utilities: "Cable Available", "Electricity Connected", "Phone Available", "Sewer Connected", Water Included
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