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$1,199,000
1 Day On Site

8803 Circle Drive
Westminster, CO 80031

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,722
SqFt
$254
/SqFt
1962
Built
County:
Adams

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8803 Circle Drive8803 Circle Drive8803 Circle Drive8803 Circle Drive
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Well-maintained 6-unit multifamily property in central Westminster with strong in-place income and additional upside through continued unit renovations. The property is fully leased and benefits from consistent rental demand due to its central location with easy access to both Denver and Boulder employment corridors. The unit mix includes two updated 2-bedroom units and one updated 1-bedroom unit, featuring modern kitchens, updated bathrooms, and new flooring. Remaining units provide value-add potential through future renovation, allowing investors to increase rents and improve overall asset performance. Recent exterior improvements include a new roof, fresh exterior paint, and updated wood accent siding, enhancing curb appeal while minimizing near-term capital expenditure risk. The property currently generates $101,760 in annual gross income with the potential to increase income to approximately $108,960 through continued unit upgrades and rent adjustments. Located in central Westminster with convenient access to US-36, I-25, Boulder, and Downtown Denver, the property benefits from strong tenant demand driven by proximity to major employment centers and transportation corridors. This offering presents investors with a stable, fully leased asset with proven rentability and clear value-add potential through interior renovations and rent optimization.

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Listing Snapshot
Price 
$1,199,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
4,722 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.25 Acres
Year Built 
1962
MLS® Number 
6046100
Status 
Active
Property Tax 
$8,587
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.25
Additional Property Use 
Multi-Family
Number Of Stories 
1
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
4722
Water Source 
Public
Zoning 
R-3
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Exterior Features
Construction Details 
Frame
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
Roads 
Paved
Listing courtesy of Real Broker, LLC DBA Real [email protected]



The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than Real Broker, LLC DBA Real are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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