47
See all 47 photos
$3,750,000
Est. payment /mo
0.45 Acres Lot
New
9474-9518 E 109th DR Commerce City, CO 80640
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8653833
HOA Y/N No
Year Built 2016
Annual Tax Amount $3,592
Tax Year 2024
Lot Size 0.449 Acres
Acres 0.45
Property Sub-Type Multi Family
Source recolorado
Property Description
Belle Creek Commons is a well-maintained townhome community in the beautiful Belle Creek neighborhood, just 20 minutes from Downtown Denver. This property includes 10 Large townhomes—eight 2-bedroom, 2.5-bath units and two 3-bedroom, 2.5-bath units—all featuring attached 2-car garages with direct access and private balconies. This is the first time the property is being taken to market since constructed, with several units having recently undergone cosmetic upgrades. Since 2016, rents have steadily increased, with most utilities and non-controllable expenses now recaptured through tenant reimbursements. Residents enjoy full access to the Belle Creek Community Center, parks, and the nearby Belle Creek Charter School (admission is not guaranteed, subject to admission requirements and space), making the community attractive to families and long-term renters. As home ownership continues to become increasingly more difficult to obtain, renting large townhomes in single-family communities becomes increasingly attractive, making this a very stable long term investment for a buyer.
HIGHLIGHTS
• Townhome product - very desirable for renters across the spectrum
• 2016 construction with recent modern renovations - all major systems and roofs have significant life left
• Individually metered for gas and electric with central A/C
• Ability to increase rents over tenure of ownership
• Incredible neighborhood and community
HIGHLIGHTS
• Townhome product - very desirable for renters across the spectrum
• 2016 construction with recent modern renovations - all major systems and roofs have significant life left
• Individually metered for gas and electric with central A/C
• Ability to increase rents over tenure of ownership
• Incredible neighborhood and community
Location
State CO
County Adams
Interior
Fireplace N
Exterior
Exterior Feature Balcony
Garage Spaces 20.0
Roof Type Unknown
Total Parking Spaces 20
Garage Yes
Building
Sewer Public Sewer
Structure Type Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Kaufman Hagan