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$6,000,000
Est. payment /mo
0.94 Acres Lot
UPDATED:
10/25/2024 05:47 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 8018289
HOA Y/N No
Originating Board recolorado
Year Built 1972
Annual Tax Amount $33,801
Tax Year 2023
Lot Size 0.940 Acres
Acres 0.94
Property Description
The Fox Manor Apartments, located at 5228 S Fox St, offers 40 multifamily units just one mile from Downtown Littleton. It’s situated just steps from Progress Park and is also near key retail hubs on Broadway, Littleton Blvd, and Main Street. All units have undergone light renovations, including luxury vinyl plank flooring and fresh paint, but still offer significant value-add opportunities with potential upgrades to appliances, cabinets, and countertops. A well-executed marketing strategy and targeted renovations aimed at attracting high-quality tenants provide a clear opportunity to boost rents, which are currently about 20% below market value.
Roof Type: Asphalt / Composition Shingle
Construction: Low Rise - Stucco
Heating: Central Boiler
Air Conditioning: Wall-AC Units
Water/Sewer: Master
Gas: Master
Electric: Individual
Parking: Lot + Street
UNIT AMENITIES
- All units have seen light upgrades including flooring, lighting, and bathroom vanities
- Large bedrooms and living spaces
- Well-laid out floor plans
- Manager’s Office/Maintenance Room has potential for additional unit conversion (studio)
COMMUNITY AMENITIES
- 24-hour secure on-site laundry
- Large parking lot with 32 spots and plenty of on-street parking
- Well-maintained grass area for pets
Roof Type: Asphalt / Composition Shingle
Construction: Low Rise - Stucco
Heating: Central Boiler
Air Conditioning: Wall-AC Units
Water/Sewer: Master
Gas: Master
Electric: Individual
Parking: Lot + Street
UNIT AMENITIES
- All units have seen light upgrades including flooring, lighting, and bathroom vanities
- Large bedrooms and living spaces
- Well-laid out floor plans
- Manager’s Office/Maintenance Room has potential for additional unit conversion (studio)
COMMUNITY AMENITIES
- 24-hour secure on-site laundry
- Large parking lot with 32 spots and plenty of on-street parking
- Well-maintained grass area for pets
Location
State CO
County Arapahoe
Interior
Fireplace N
Exterior
Roof Type Other
Garage No
Building
Story 3
Sewer Public Sewer
Structure Type Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Kaufman Hagan • avollert@khcommercial.com,650-740-9570