16680 W 11th Ave — Sale in Golden, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Golden, CO 80401

Photos

16680 W 11th Ave — Sale in Golden, CO, photo 1 of 2
16680 W 11th Ave — Sale in Golden, CO, photo 2 of 2

Investment Figures

Cap rate
6.98%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

16680 W 11th Ave presents a rare opportunity to acquire a stabilized, cash-flowing multifamily asset in one of the tightest, highest-barrier submarkets in Colorado. With 100% occupancy, consistent rent collections, and a 6.67% in-place cap rate, the property delivers immediate yield rarely achievable in Golden’s small-multifamily segment. Current operations generate $56,674 NOI, with Year 1 NOI projected to climb to $64,011 through natural loss-to-lease burn-off, modest rent adjustments, and continued growth in utility bill-backs and ancillary revenue streams. This represents a 13% NOI increase with no major capital expenditure requirements. Rents average $1,300 ($2.83/SF) across efficient 1-BD and 2-BD layouts. Strong rent/SF performance reflects the dense renter demand of the submarket, yet the total rents remain $150–$300 below comparable Golden units, providing an easily captured mark-to-market runway. Comparable buildings across Ulysses, W 4th Ave, W 8th Pl, and Nevada routinely achieve $1,325–$1,750 depending on size and unit mix, creating a clear and documented revenue upside without repositioning or heavy renovation. Financing metrics are equally compelling: at a 6% interest rate and 65% LTV, buyers achieve Year 1 cash-on-cash of 10.37% and a 1.93 DCR, offering a strong cushion even under conservative economic expectations. Golden’s long-standing regulatory constraints, limited development pipeline, and affluent renter profile further reinforce the asset’s durability. With robust demographics, minimal new supply, proven rent depth, and consistent operational performance, 16680 W 11th Ave stands as one of the most secure and yield rich small-unit offerings available in the Denver metro today—ideal for private capital, 1031 buyers, and long-term operators seeking stable cash flow with upside. Investment Highlights: • Stabilized 5-unit asset in Golden with 100% occupancy and a 6.67% in-place cap rate delivering immediate, reliable cash flow. • Below market ren

Market Context

This multifamily in Golden, CO is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Golden, CO — view the full market.

Contact

Explore this market

Similar Multifamily Property for Sale in Colorado