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Source Home Group

admin@sourceofhome.com +1(970) 528-0604

$3,200,000

Est. payment - /mo

36 Beds

22 Baths

16,400 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 16,400 sqft

Price per Sqft $195

Subdivision 639600 Ridge Park

MLS Listing ID 5190965

Bedrooms 36

HOA Y/N No

Year Built 1961

Property Sub-Type Quadruplex

Property Description

Hearthstone Flats is a fully renovated apartment community in the heart of Arvada, just minutes from Olde Town Arvada, Arvada Market Place, and I-70. The property has been thoughtfully updated with new LVT flooring, modern kitchens and baths, stainless steel appliances, and upgraded interior finishes throughout, complemented by on-site laundry, off-street parking, and a quiet, park-like setting. With new roof, gutters, stairs, and sewer lines all installed within the past several years, the asset offers a turnkey physical plant with limited near-term capital needs. In-place rents remain well below surrounding renovated comparables, creating a clear path to meaningful NOI growth through natural lease turnover and strategic rent adjustments, without the execution risk of heavy renovation.

Location

State CO

County Jefferson

Interior

Heating Hot Water

Cooling Other

Exterior

Roof Type Unknown

Private Pool No

Building

Story One

Sewer Public Sewer

Schools

School District Elementary: Jefferson County R-1, Middle/Junior: Jefferson County R-1, High: Jefferson County R-1

Others

Senior Community No

Tax ID 011935

Special Listing Condition None Known

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Listed byMarcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Nearby School & Business

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Source Home Group

+1(970) 528-0604

Agent FA.100072314

5361 Everett ST Arvada, CO 80002

Source Home Group

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information