Active
5532 Newland Way
Arvada CO, 80002
$3,640,000
$398.69 per sqft
Active
9,130 sqft
Commercial
Built in 1971
The Knowlton Lawson Team is excited to present the exclusive opportunity to acquire N32 Apartments, a fully renovated 14- unit apartment complex located just blocks from Olde Town in Arvada, CO. This turnkey property offers premium rental income, thanks to its modernized units and prime location. Residents enjoy a perfect balance of urban convenience and small-town charm, with easy access to big-box retailers like Costco, Sam's Club, Home Depot, and Lowes, while also being steps away from the historic character of Olde Town.
The property's proximity to the G line light rail station and I-70 ensures seamless commutes to Downtown Denver, Denver International Airport, and the Colorado mountains, further enhancing its appeal. The pet-friendly, professionally managed community boasts updated units, a beautifully landscaped courtyard with new stairways, 28 on-site parking spaces, and sits on an oversized lot with potential for additional parking or covered garages. This rare, turnkey investment opportunity combines strong, stable cash flow
with significant long-term appreciation upside in one of the most desirable neighborhoods in Arvada.
3253082
MLSⓇ ID
October 31, 2024
Listed
November 1, 2024
Updated
Map
5532 Newland Way
Arvada CO, 80002
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.56 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$16,216
Tax Frequency
Annually
Garage
No
Parking Total
28
View
No
County
Jefferson
Water Source
Public
Pool
No
Zoning
R-24
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Data last updated 12:40 AM UTC, 11/1/2024
