2926-2932 Eliot Cir
$1,400,000
2926-2932 Eliot Cir, Westminster, CO 80030
7,036 sqft
Building Size
0.2752 acres
Lot Area
Details:
Highlights:
- Two 3,518 SF buildings
- 8 units in total (2 - 4 unit Buildings)
- Built in 1962
- Recent Interior Renovations
- Recent Common Area Renovations
- Located in Westminster area
- Low Maintenance Brick Exterior
- Attractive Unit Layouts
Description:
Introducing an exceptional investment opportunity in Westminster, CO! This impressive property encompasses two 3518 SF buildings totaling 8 units, ideal for a savvy multifamily/low-rise investor. Built in 1962, the property is located in a desirable R-4 zoned area and currently offers 50% occupancy, presenting an attractive leasing upside potential. With its well-maintained structure and prime location in Westminster, this property is poised to deliver a strong return on investment. Don't miss the chance to capitalize on this promising multifamily opportunity in a sought-after area for real estate investment.
Connected, Walkable, Growing Submarket
The surrounding area features a well-established residential neighborhood supported by expanding commercial amenities, mixed-use redevelopment, and extensive trail systems. Residents enjoy walkability to parks, regional greenways, and the Little Dry Creek Open Space. The submarket continues to attract long-term renters due to its convenience, affordability relative to Denver proper, and strong lifestyle appeal.
Strong Community Amenities
Westminster offers more than **60 public parks** and over **150 miles of interconnected trails**, creating a recreational ecosystem that adds significant value for tenants. Retail, dining, and service establishments are nearby, along with emerging new developments planned around Westminster Station and “Downtown Westminster,” further enhancing future desirability and tenant demand.
Anchored in a Transforming Urban District
The property sits within a district targeted for long-term public and private investment, including transit enhancements, mixed-use infill, and improved connectivity. This location provides meaningful upside for rental growth, repositioning, and long-term asset stability.
Market Fundamentals
Westminster’s central positioning between Denver and Boulder provides a diversified renter pool: commuters, service workers, young professionals, and long-term residents seeking affordability without sacrificing location or lifestyle. This submarket offers historically steady occupancy and competitive rent levels, making it an attractive environment for cash-flow-focused investors as well as value-add operators.
Documents:
| Title | ||
|---|---|---|
| 2926-2932_Eliot_Cir_Westminster_-_OM.pdf | ||
| 2926-2932_Eliot_Cir_Westminster_-_OM.pdf |
Location
Gallery
