2940 W Arkansas Avenue

Denver, CO 80219
Square Ft.
18,482
$3,600,000
Ponderosa Apartments represents a quality multifamily investment opportunity situated within a high-demand, transit-oriented Denver submarket. The property distinguishes itself by offering an exceptional 7% CAP rate based on actual trailing 12 month numbers, providing investors with immediate and robust cash flow that outperforms typical market yields for stabilized assets. ThisRead MoreRead Less
Market LogoCourtesy of Pinnacle Real Estate Advisors [email protected]
Listing Snapshot
Days Online
6
Last Updated
Property Type
Multi Family
Square Ft.
18,482
Lot Size
0.94 Acres
Year Built
1961
MLS Number
8466675
30 Days Snapshot Of 80219
$456k
+1%
(avg) sold price
40
-6%
homes sold
65
+1%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Class: Class C, Building Name: Ponderosa Apartments, Effective Year Built: 2021, Occupant Type: Tenant, Stories: 2, Total Area: 18482, Unit Count: 2, Unit Types: "Array", "Array", Built in 1961, 20 total units
Disclosures
Exclusions: Tenant's personal property
Expenses
Operating Expense: $101,231, Projected Annual Expense: $107,936
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: 255086.00, Gross Income: $356,317, Projected Annual Net Income: $252,858, Projected Gross Income: $360,794
Lot
Acres: 0.94, Area: 40729, Parcel Number: 5201-12-002, Square Feet: 40729
Energy Saving
Green Verification Count: 0
Parking
Parking Total: 40, Carport Spaces: 0, Offstreet Spaces: 40, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1
Property
Current Use: "Multi-Family", Property Sub Type: Multi Family, Zoning: E-MU-2.5
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 22548, Legal Description: ALL L 1 EXC W 150 FT & EXC S 72.5 FT OF L 1 BLK 9CARLSON-MCCLELLAND-FREDERICS GREEN ACRES FLG NO 1, Tax Year: 2024
Utilities
Power Production Count: 0, Water Included, Water Source: "Public"
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Big Frontier Group
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings
No listings found.

Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.