5579 S Windermere Street, Littleton, CO 80120

Property Description

Please note that the co-op commission is 0.8% of Net Purchase Price. • 7.00% Proforma CAP Rate • Proforma Rents Already Being Achieved! Easily Bring Existing Leases to Proforma Levels • Many Recent Capital Improvements Including New: Roof, Boilers, Windows, Steel & Concrete Stairs/Walkways/Columns/Landings, Exterior Paint, Common Area Upgrades & Landscaping • 25/57 Units Have Been Recently Renovated with New Kitchens, Bathrooms, Floors, Electric Panels and More For Average Rent Increase of $150/Unit • Diverse Unit Mix Offering Renovated and Unrenovated 1Bd & 2Bd Unit Leasing Options • Rare Mid-Rise Building Offering Unobstructed Views of the Rocky Mountains & Great Street Visibility • Just ½ Mile to Downtown Littleton, Light Rail Station, Restaurants/Retail, Schools and Parks • Less than 1 Mile to Arapahoe Community College & Hwy 85 • Excellent Neighborhood Demographics: Average Monthly Rents Accounting for Only 14% of Average Monthly Income