GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 2,800,000
$ 3,043,000 8.0%
Est. payment | /mo
11,511 SqFt
$ 2,800,000
$ 3,043,000 8.0%
Est. payment | /mo
11,511 SqFt
Key Details
Sold Price $2,800,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,511 sqft
Price per Sqft $243
MLS Listing ID 6812365
Sold Date 06/17/25
HOA Y/N No
Year Built 1971
Annual Tax Amount $14,238
Tax Year 2024
Lot Size 0.255 Acres
Acres 0.25
Property Sub-Type Multi Family
Source recolorado
Property Description
Sprucewood Apartments is a 17-unit multifamily community, offers a rare south facing garden-style walk-up investment opportunity in the Health and Wellness District of Downtown Englewood. Built in 1971, this 11,511 SF property features a durable brick exterior, a new boiler, and assigned off-street parking. The unit mix consists of (3) two-bedroom, one-bath units and (14) one-bedroom, one-bath units, all individually metered for electricity. Residents enjoy all-electric kitchens, individual A/C units and hot water heat from a central boiler. Additional amenities include a landlord-owned laundry facility, private storage units, and a sprinkler system. Mature landscaping and a patio enhance the residential appeal, while the property's corner lot provides strong visibility on E Floyd Ave & Clarkson Street. Zoned MU-R-3-C, this asset presents a compelling investment opportunity. *Sellers Financing is Assumable at a 3.75% Principal & Interest
Location
State CO
County Arapahoe
Zoning MU-R-3-C
Interior
Fireplace N
Exterior
Total Parking Spaces 16
Garage No
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Special Listing Condition None
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Pinnacle Real Estate Advisors
Bought with Pinnacle Real Estate Advisors
Bought with Pinnacle Real Estate Advisors
GET MORE INFORMATION
Rachel Pugia
Partner | Lic# FA100036554