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    6380 S Boston Street

    Englewood, CO 80111
    • $3,500,000
    • STATUS: Pending
    • ON SITE: 102 days
    • ID#: 5997590
    Under Contract
    UPDATED: 16 min ago
    $3,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,780
      SQFT
    • $358
      $/SQFT
    Type:
    Multi-Family
    Built:
    1988
    County:
    Area:

    School Ratings & Info

    Offered by Greenwood Estates Realty Llc.

    Description

    **See Supplements section for Investment Summary and 2019-2021 Financials. Also, reference other relevant docs incl HOA info and condo map** **3D Tour of Standard Suite: https://my.matterport.com/show/?m=euKhkWEqUtB&mls=1** **3D Tour of Renovated Suite: https://my.matterport.com/show/?m=EvGZt3nxP2N&mls=1** **Drone Video: http://dtcinvestment.com/** 22 fully furnished executive rentals in the Boston Commons condominium complex with historically strong occupancy and experienced onsite property manager. 22 leasable units include 12 suites (1 bd/1 bath) and 10 studios (0 bd/1 bath). Studios rent for $1.3-$1.4K/mo & Suites rent for $2.1K-$2.3K/mo. Avg monthly revenue is $33K with 7% cap rate. Units can also be rented long-term or nightly (Airbnb/VRBO/Expedia). Exclusive use of HOA clubhouse lobby, offices, and laundry facility. Many amenities covered by Master HOA including snow removal, pool, clubhouse, and gym. Located right off Arapahoe Rd & I-25 in the heart of the DTC. 15 minute walk from Light Rail at Arapahoe Station and Fiddler's Green Amphitheatre. 10 minute walk from shopping centers, including Starbucks, REI, Chick-fil-A, & Target. 5 minute walk to Greenwood Village parks and trail system. Financials available only after serious interest/offer is presented. Please note: 21 units are deeded and 1 unit has an exclusive right to use via a transferrable long-term lease. See Investment Summary in Supplements for more detail.

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Harling Team @ HomeSmart are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.harlingrealestate.com/homes/114797483
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    6380 S Boston Street Englewood, CO 80111

    • Price: $3,500,000
    • Status: Pending
    • Updated: 16 min ago
    • ID#: 5997590
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    9,780
    SQFT
    $358
    $/SQFT
    1988
    Built
    County:
    Arapahoe
    Area:
    Englewood
    Property Description
    **See Supplements section for Investment Summary and 2019-2021 Financials. Also, reference other relevant docs incl HOA info and condo map** **3D Tour of Standard Suite: https://my.matterport.com/show/?m=euKhkWEqUtB&mls=1** **3D Tour of Renovated Suite: https://my.matterport.com/show/?m=EvGZt3nxP2N&mls=1** **Drone Video: http://dtcinvestment.com/** 22 fully furnished executive rentals in the Boston Commons condominium complex with historically strong occupancy and experienced onsite property manager. 22 leasable units include 12 suites (1 bd/1 bath) and 10 studios (0 bd/1 bath). Studios rent for $1.3-$1.4K/mo & Suites rent for $2.1K-$2.3K/mo. Avg monthly revenue is $33K with 7% cap rate. Units can also be rented long-term or nightly (Airbnb/VRBO/Expedia). Exclusive use of HOA clubhouse lobby, offices, and laundry facility. Many amenities covered by Master HOA including snow removal, pool, clubhouse, and gym. Located right off Arapahoe Rd & I-25 in the heart of the DTC. 15 minute walk from Light Rail at Arapahoe Station and Fiddler's Green Amphitheatre. 10 minute walk from shopping centers, including Starbucks, REI, Chick-fil-A, & Target. 5 minute walk to Greenwood Village parks and trail system. Financials available only after serious interest/offer is presented. Please note: 21 units are deeded and 1 unit has an exclusive right to use via a transferrable long-term lease. See Investment Summary in Supplements for more detail.
    Exterior Features

    Architectural Style TraditionalLow Rise Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BalconyLighting Garage YN No Parking Total 0 Patio And Porch Features Balcony Pool Features Community Roof Composition

    Interior Features

    Levels Three Or More

    Property Features

    Community Features ClubhouseFitness CenterPool Construction Materials Wood Siding Contingency None Known Lease Considered YN No Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 14859 Tax Year 2019 Zoning Amu

    Listing courtesy of Greenwood Estates Realty Llc: MLS #5997590


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Harling Team @ HomeSmart are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
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    The Harling Team @ HomeSmart
    7222 Commerce Center Dr Suite 120
    Colorado Springs CO, 80919
    Offered by Greenwood Estates Realty Llc.