Description
This rare four-unit investment opportunity is centrally located in the heart of downtown Golden, Colorado, sitting on a .21-acre lot in the direct path of future development. The City of Golden continues to push forward with growth initiatives, making this a prime location for long-term upside. While the property is currently under-rented and under-managed, a new owner has the opportunity to improve operations, increasing NOI creating a cash-positive asset while planning for future redevelopment. With intrinsic land value and potential zoning benefits, this offering presents an ideal investment for those looking to capitalize on Golden's ongoing transformation. Investment Highlights Premier Location Centrally positioned in downtown Golden, benefiting from strong demand and walkability. Well-Maintained Asset No Zinsco or Federal Pacific panels; water heaters replaced in 2015 and 2017. Value-Add Potential Below-market rents create an opportunity to increase NOI while planning for redevelopment. Development Potential Located in the direct path of growth, offering long-term upside.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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3,112SQFT
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$546$/SQFT
School Information
Offered by NorthPeak Commercial Advisors, LLC.Description
This rare four-unit investment opportunity is centrally located in the heart of downtown Golden, Colorado, sitting on a .21-acre lot in the direct path of future development. The City of Golden continues to push forward with growth initiatives, making this a prime location for long-term upside. While the property is currently under-rented and under-managed, a new owner has the opportunity to improve operations, increasing NOI creating a cash-positive asset while planning for future redevelopment. With intrinsic land value and potential zoning benefits, this offering presents an ideal investment for those looking to capitalize on Golden's ongoing transformation. Investment Highlights Premier Location Centrally positioned in downtown Golden, benefiting from strong demand and walkability. Well-Maintained Asset No Zinsco or Federal Pacific panels; water heaters replaced in 2015 and 2017. Value-Add Potential Below-market rents create an opportunity to increase NOI while planning for redevelopment. Development Potential Located in the direct path of growth, offering long-term upside.
Licensed in the State of Colorado, USA
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