Golden Multi-Family Portfolio

200-220 Washington Street & 819 2nd Street Golden, CO 80403

Golden
FOR SALE
Property Type:
Residential Land Development
Amount:
$6,100,000
Last Verified:
Jul 15, 2022

Highlights

  • CLICK THE "DOCUMENTS" TAB FOR MORE INFORMATION
  • Located in the heart of downtown golden.
  • Value-Add Multifamily / Covered Land Play
  • R2 Zoning | Changes to Current Zoning in Progress
  • Seven individual lots | CAN BE SOLD SEPARATELY

Description

The Golden Portfolio is a seven-property multifamily portfolio totaling 16 units located in Golden, CO, part of the Denver-Aurora-Lakewood, CO MSA. Built in 1956 and 1960, the seven apartment communities are located in close proximity to one another on 2nd Street and along Washington Avenue. 819 2nd Street is a fourplex building, while the Washington Avenue properties (200, 204, 208, 212, 216, and 220) are all duplexes. All of the buildings are constructed of brick exteriors with pitched roofs. The unit mix across the portfolio consists of two-bedroom / one-bathroom units averaging 863 square feet.

The Golden Portfolio is located in the northern portion of Golden, a suburb of Denver, CO. Washington Avenue is a primary thoroughfare and residents are in close proximity to amenities, including retail, conveniences, restaurants, parks, employers, and educational institutions. Highway 58 / Golden Freeway is a quarter mile southeast of the properties and provides residents with quick connecting access to Downtown Denver, located 16.4 miles to the east. Historic Downtown Golden is 0.7 miles southeast, the Colorado School of Mines is 1.0 miles south, and picturesque outdoor recreation at North Table Mountain and Lookout Mountain are within a 10-minute drive.

Lot Size: 1.34 acres

Map of 200-220 Washington Street & 819 2nd Street, Golden, CO, 80403

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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"Incentives" are vital today and in the future because:

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