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$2,850,000
5810871 MLS Marshall Manor Apartments BLDG.
The Knowlton Lawson Team is pleased to offer the exclusive opportunity to acquire the Marshall Manor Apartments, a 14-unit complex featuring 6 one-bedroom, one-bath units and 8 two-bedroom, one-bath units. Seventy-five percent of the units have been recently updated with new flooring, modernized kitchens, and renovated bathrooms. Additional property upgrades include new windows and electrical panels. Residents benefit from convenient access to nearby grocery stores such as Safeway, King Soopers, Sprouts, and Walmart, all within a mile of the property. With easy access to I-70, tenants enjoy quick commutes to Downtown Denver or can easily head to the mountains for a weekend retreat. These improvements, combined with the property’s prime location, make Marshall Manor Apartments an attractive option for long-term tenants, ensuring strong tenant retention and potential for increased rental rates.

6499 W 38th Avenue, Wheat Ridge

$2,000,000
4147930 MLS 9495-9515 West 49th Avenue BLDG.
9495 and 9515 West 49th Avenue for sale as a package. These two side-by-side wood frame residential-style commercial group homes were constructed originally as Beehive Homes-the former Verandas Wheat Ridge assisted living facilities, licensed until recently for 16 beds each or 32 beds total, configured with 11 units each laying out as 5 shared and 6 private rooms each. Each unit has a half-bath vanity and toilet, with two shared shower-bathing rooms and a laundry. There are a total of 11 half-baths and 2 full bathrooms. 9495 W 49th retains the original 2-car attached garage, while the garage for 9515 W 49th was converted into a large activities room. Both buildings share a secured, fenced courtyard and a 32,500 square foot lot so they could be good for dementia-Alzheimers residents. The roofs were both replaced in 2017. The exteriors of both buildings have been well-maintained. The interior of 9515 was updated in recent years, but the interior of 9495 has not been updated recently. R-C Restricted Commercial zoning through Wheat Ridge. Could potentially be a residential group home or residential recovery home based on the design, layout, and zoning. Medical office use is also allowed. A good location and modern design of side-by-side assisted living facilities are also suitable as a group home. The sellers are selling because their tenant-operator lost their license due to operational issues. New buyers could resume assisted living facility use with new CDPHE license or start an alternative use such as a group home (9+) per Wheat Ridge Zoning (verify independently).

9495 W 49th Avenue, Wheat Ridge

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