8
See all 8 photos
$925,000
Est. payment /mo
0.25 Acres Lot
Active Under Contract
8803 Circle DR #1-6 Westminster, CO 80031
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 5832583
HOA Y/N No
Originating Board recolorado
Year Built 1962
Annual Tax Amount $8,587
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Multi Family
Property Description
Unit Breakdown:
• 6 units in total:
• 2 x 1-bedroom, 1-bath units
• 4 x 2-bedroom, 1-bath units
• Each unit has its own exterior entrance and an off-street parking space.
Construction:
• Built in 1962
• Constructed of brick
• Amenities:
• Kitchens with stove, refrigerator, and dishwashers in 2-bedroom units only
• A mix of vinyl flooring, tile, and carpeting
• On-site laundry facilities
• Sprinkler system
• Tankless hot water heater
• Boiler replaced in 2024
• Unit 2 was recently Mitigated (March 2025) due to water intrusion
Parking:
• Parking off street for tenants.
Occupancy
• The property is fully occupied, with leases expiring in March 2026.
Condition & Potential:
• The property is being sold as-is.
• Some improvements and maintenance may be needed, but with proper updates, rents could be increased.
• Location & Market Conditions:
• Situated in a growing area of Westminster, benefiting from continued net migration and large companies moving in.
• Close proximity to schools, public transportation, highway access, and other amenities.
This property offers a solid investment opportunity, particularly if you're interested in improving the units and increasing rental income. The location is prime, given the growth in Westminster and the area's ongoing development.
• 6 units in total:
• 2 x 1-bedroom, 1-bath units
• 4 x 2-bedroom, 1-bath units
• Each unit has its own exterior entrance and an off-street parking space.
Construction:
• Built in 1962
• Constructed of brick
• Amenities:
• Kitchens with stove, refrigerator, and dishwashers in 2-bedroom units only
• A mix of vinyl flooring, tile, and carpeting
• On-site laundry facilities
• Sprinkler system
• Tankless hot water heater
• Boiler replaced in 2024
• Unit 2 was recently Mitigated (March 2025) due to water intrusion
Parking:
• Parking off street for tenants.
Occupancy
• The property is fully occupied, with leases expiring in March 2026.
Condition & Potential:
• The property is being sold as-is.
• Some improvements and maintenance may be needed, but with proper updates, rents could be increased.
• Location & Market Conditions:
• Situated in a growing area of Westminster, benefiting from continued net migration and large companies moving in.
• Close proximity to schools, public transportation, highway access, and other amenities.
This property offers a solid investment opportunity, particularly if you're interested in improving the units and increasing rental income. The location is prime, given the growth in Westminster and the area's ongoing development.
Location
State CO
County Adams
Zoning R-3
Interior
Fireplace N
Exterior
Exterior Feature Balcony
Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Phone Available
Roof Type Architecural Shingle
Garage No
Building
Lot Description Corner Lot, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
Water Public
Structure Type Brick,Frame,Wood Siding
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 HomeSmart • welcomehomejessex@gmail.com,303-858-8100