$3,200,000

Residential Income In Arvada

  • 36 Beds
  • 22 Baths
  • 16,400 Sqft
  • Updated: September 14
  • Source:
    IRES MLS  MLS#5190965

About the Property

Hearthstone Flats is a fully renovated apartment community in the heart of Arvada, just minutes from Olde Town Arvada, Arvada Market Place, and I-70. The property has been thoughtfully updated with new LVT flooring, modern kitchens and baths, stainless steel appliances, and upgraded interior finishes throughout, complemented by on-site laundry, off-street parking, and a quiet, park-like setting. W
Hearthstone Flats is a fully renovated apartment community in the heart of Arvada, just minutes from Olde Town Arvada, Arvada Market Place, and I-70. The property has been thoughtfully updated with new LVT flooring, modern kitchens and baths, stainless steel appliances, and upgraded interior finishes throughout, complemented by on-site laundry, off-street parking, and a quiet, park-like setting. With new roof, gutters, stairs, and sewer lines all installed within the past several years, the asset offers a turnkey physical plant with limited near-term capital needs. In-place rents remain well below surrounding renovated comparables, creating a clear path to meaningful NOI growth through natural lease turnover and strategic rent adjustments, without the execution risk of heavy renovation.
  • Property type

    Other

  • Year built

    1961

  • Price/sqft

    $195

Features

  • Mountain View
  • Renovated
  • Parking
  • Laundry Room

Explore the Area

5361 Everett St, Arvada, Colorado, United States View on Google Maps
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Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. - Calabasas

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Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. - Calabasas
California, United States
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15
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2026
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Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. - Calabasas
Calabasas, California, United States
View agency profile
Last updated
September 14
First listed
Sep 5
Listing reference
5190965
Listing status
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