$3,750,000
For Sale

9474-9518 E 109th Drive

Commerce City, CO 80640
17790 sqft | 0.45 acres | #8653833
Listing OfficeKaufman Hagan
Type:Purchase
Structure:5+ Family
Zone:Commercial

Description

Belle Creek Commons is a well-maintained townhome community in the beautiful Belle Creek neighborhood, just 20 minutes from Downtown Denver. This property includes 10 Large townhomes—eight 2-bedroom, 2.5-bath units and two 3-bedroom, 2.5-bath units—all featuring attached 2-car garages with direct access and private balconies. This is the first time the property is being taken to market since constructed, with several units having recently undergone cosmetic upgrades. Since 2016, rents have steadily increased, with most utilities and non-controllable expenses now recaptured through tenant reimbursements. Residents enjoy full access to the Belle Creek Community Center, parks, and the nearby Belle Creek Charter School (admission is not guaranteed, subject to admission requirements and space), making the community attractive to families and long-term renters. As home ownership continues to become increasingly more difficult to obtain, renting large townhomes in single-family communities becomes increasingly attractive, making this a very stable long term investment for a buyer.
HIGHLIGHTS
• Townhome product - very desirable for renters across the spectrum
• 2016 construction with recent modern renovations - all major systems and roofs have significant life left
• Individually metered for gas and electric with central A/C
• Ability to increase rents over tenure of ownership
• Incredible neighborhood and community

  • Property Details
      • Structure TypeLow Rise (1-3)
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti Family
      • Original List Price$3,750,000
      • Property TypePurchase
      • Exterior MaterialsBalcony
      • MLS #8653833
      • Cost3750000
      • MLS #8653833
      • Taxes Annual$3,592
      • Square Feet17790
      • CountyAdams
      • Acres0.45
      • Year Built2016
      • Parking Spaces20

Location

Keith Casey | Megastar RealtyReal Estate Group
OR

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