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Address Withheld By Seller, Golden, CO 80401

Golden
Local realty services provided by:CENTURY 21 Cornerstone
Address Withheld By Seller,Golden, CO 80401
$850,000
  • 7 Beds
  • 5 Baths
  • 2,300 sq. ft.
  • Multi-family
  • Active
Listed by: clayton primm
Office: marcus & millichap real estate investment services of atlanta, inc.
MLS#:4119866
Source:IRES

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Price summary

  • Price:$850,000
  • Price per sq. ft.:$369.57

About this home

16680 W 11th Ave presents a rare opportunity to acquire a stabilized, cash-flowing multifamily asset in one of the tightest, highest-barrier submarkets in Colorado. With 100% occupancy, consistent rent collections, and a 6.67% in-place cap rate, the property delivers immediate yield rarely achievable in Golden's small-multifamily segment. Current operations generate $56,674 NOI, with Year 1 NOI projected to climb to $64,011 through natural loss-to-lease burn-off, modest rent adjustments, and continued growth in utility bill-backs and ancillary revenue streams. This represents a 13% NOI increase with no major capital expenditure requirements. Rents average $1,300 ($2.83/SF) across efficient 1-BD and 2-BD layouts. Strong rent/SF performance reflects the dense renter demand of the submarket, yet the total rents remain $150-$300 below comparable Golden units, providing an easily captured mark-to-market runway. Comparable buildings across Ulysses, W 4th Ave, W 8th Pl, and...

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Home facts

  • Year built:1950
  • Listing ID #:4119866
  • Added:2 day(s) ago
  • Updated:April 03, 2026 at 02:17 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Living area:2,300 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1950
  • Building area:2,300 sq. ft.
  • Construction Materials:Frame
  • Levels:One

Schools

  • High school:Golden
  • Middle school:Bell
  • Elementary school:Red Rocks

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$369.57
  • Tax amount:$2,601

Parking

  • Garage spaces:10
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