7 UNIT investment property in the City of Westminster. Turn key & fully occupied, this exceptional property combines 2 brand new construction and 5 renovated units delivering immediate cash flow & long term upside.
2 BRAND NEW HOMES (2025)
Unit 1: 4 bd / 2 ba 1,200 SF, attached 1 car garage, solar, separate water meter.
Unit 2: 2 bd / 2 ba 800 SF, solar, separate water meter.
5 REMODELED UNITS
Quartz kitchens, Modern cabinetry, New appliances, Vinyl flooring, Recessed lighting, Updated baths, A/C & heat, W/D hookups.
SITE FEATURES
14 on site parking spaces (2 per unit),
New vinyl fencing & fresh landscaping,
Separate gas & electric meters; tenants pay all utilities.
Current CAP rate is 4.50 %, supported by low operating expenses and high tenant demand in this sought after Westminster neighborhood. With solar on the new builds, modern finishes throughout, and durable upgrades already in place, this property will have low maintenance for the next 10+ years.