6870 Xavier Circle #1, Arvada, CO, 80030
Courtesy of Your Castle Real Estate Inc bethbakerowens@comcast.net,303-550-2941
- 2
- Beds
- 2
- Baths
- 1,960
- Sq Ft
- 1985
- Year Built
- Apartment
- Property Type
- $184
- Price / Sq Ft
About this residence
INVESTMENT OPPORTUNITY WITH TENANT IN PLACE! Start with an established rental generating $3,200/month—$38,400 in annual gross rent through Aug 31, 2027. Tenants pay for their utilities. NOI $29,689/yr. Cap rate 8.2. See two primary bedrooms with ensuite, updated baths. Updated kitchen, wood and tile floors, sunny loft, finished basement, full laundry, 2 patios and detached 1-car garage make this a home today's renters value. Located near bus and rail lines, trails, shopping, breweries & more. It's a quick drive to Old Town Arvada or Downtown Denver or the mountains for all the fun! This quiet condo lives like a townhome. It is tenant-occupied and positioned for an investor who values existing income, an established tenancy, updated interiors and a distinctive two-primary-suite floor plan. Seller can cooperate with a buyer completing a 1031 exchange. Review the lease, HOA documents, financing options and investment numbers, then decide whether this one deserves a place in your portfolio. The HOA, Yacht Club I, is nonwarrantable due to ongoing litigation. Cash and qualified alternative-financing buyers are encouraged to investigate available options with their lender. Ask about loans especially for this kind of situation.
Principal, interest & HOA · 20% down · 6.5% / 30-yr (est.)
lokellist estimate, not a lender quote. Contact a lender for actual rates.
Free to schedule. Cancel any time.
Building & HOA
- Building
- Yacht Club 1
- Year built
- 1985
- HOA dues
- $369 / mo
- Property type
- Apartment
- MLS #
- 5437843
- Status
- Active
Property details
From REcoloradoInterior
- Features
- Ceiling Fan(s)Granite CountersJack & Jill BathroomPrimary SuiteSmoke FreeVaulted Ceiling(s)
Construction & style
- Style
- Contemporary
Schools
- District
- Westminster Public Schools
- Elementary
- Tennyson Knolls
- High school
- Westminster
Location & community
- County
- Adams
Location
6870 Xavier Circle #1
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Data via HomeJunction SlipStream. Display subject to MLS terms. Information deemed reliable but not guaranteed.