3488 W Quincy Ave | Englewood, CO 80110
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3488 W Quincy Ave
Englewood, CO 80110
Falcon Run Apartments · Build-to-Rent Property For Sale
·
94 Units
INVESTMENT HIGHLIGHTS
- Tremendously located stabilized value-add asset with strong historical occupancy
- Upside potential through short-term and long-term rental rate growth as the SE suburban submarket experiences increased demand from tenants being push
- On-site management office, fitness center, and pool that is currently being refurbished by the Seller
- Adjacent to 8-acre Alice Terry Park and Alice Terry Elementary School and just one (1) block away from Sheridan High School and Sheridan Recreation Ce
- Opportunity to renovate/upgrade unit interiors and on-site amenities to accelerate the increase in rental rates
- All new roofs replaced in 2018
PROPERTY FACTS
| No. Units | 94 | Total Plot Size | 4.75 ac |
| Property Type | Build-to-Rent | Property Size | 83,973 sq ft |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Garden | Year Built | 1975 |
| Costar Property Class | C | Parking Allocation | 1.38/1,000 sq ft |
| No. Units | 94 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 4.75 ac |
| Property Size | 83,973 sq ft |
| No. Floors | 2 |
| Year Built | 1975 |
| Parking Allocation | 1.38/1,000 sq ft |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Wooden Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Carpet
- Wi-Fi
- Breakfast Nook
- Linen Cupboard
- Pantry
SITE AMENITIES
- Clubhouse
- Fitness Centre
- Laundry Facilities
- Playground
- Pool
- Spa
- Walking/Biking Trails
- Lounge
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 40 | - | 642 |
| 2+2 | 47 | - | 949 |
| 3+2 | 7 | - | 1,064 |
PROPERTY TAXES
| Parcel Number | 2077-08-2-02-038 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £849,846 |
PROPERTY TAXES
Parcel Number
2077-08-2-02-038
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£849,846
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