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Doug Rikkers
  • Investor
  • Denver, CO
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Unique Off-Market Investment Property

Doug Rikkers
  • Investor
  • Denver, CO
Posted Jun 10 2018, 06:03

Offering an off-market opportunity to acquire a unique property in Wheat Ridge, just 1 mile from Sloan Lake, Tennyson St shops and West Highlands. The property sits on 2/3 of an acre and consists of a 5 bed/2 ba house (2500sf) with two 1 bed/1ba apartments (750sf each). The 5 bed currently gets $3,310 in rent and the Apts get $975 & $1,040.

New owner could easily occupy the 5 bed house as the lease is up at the end of August, or re-rent it and keep it as an investment property at a 6.4 Cap.

Photos and further details available upon request

Offering

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