5579 S Windermere Street, Littleton, CO
$ 12,000,000
Property Attributes
  • MLS#2889381
  • TypeCommercial
  • CountyARAPAHOE
  • CityLittleton
  • Zip80120
  • StyleContemporary
  • Year Built1972
  • Taxes$ 65723
  • Price$ 12,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage45567
  • Lot Size1.11 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Please note that the co-op commission is 0.8% of Net Purchase Price. • 7.00% Proforma CAP Rate • Proforma Rents Already Being Achieved! Easily Bring Existing Leases to Proforma Levels • Many Recent Capital Improvements Including New: Roof, Boilers, Windows, Steel & Concrete Stairs/Walkways/Columns/Landings, Exterior Paint, Common Area Upgrades & Landscaping • 25/57 Units Have Been Recently Renovated with New Kitchens, Bathrooms, Floors, Electric Panels and More For Average Rent Increase of $150/Unit • Diverse Unit Mix Offering Renovated and Unrenovated 1Bd & 2Bd Unit Leasing Options • Rare Mid-Rise Building Offering Unobstructed Views of the Rocky Mountains & Great Street Visibility • Just ½ Mile to Downtown Littleton, Light Rail Station, Restaurants/Retail, Schools and Parks • Less than 1 Mile to Arapahoe Community College & Hwy 85 • Excellent Neighborhood Demographics: Average Monthly Rents Accounting for Only 14% of Average Monthly Income

Price History
11/20/2023 Listed $12,000,000

General Features

Architectural Style Contemporary
Attached Garage No
Building Features Coin Laundry, Fitness Center, Front Desk, Laundry, On Site Management, Wi-Fi
Cap Rate 7
City Littleton
Construction Materials Brick
County Arapahoe
Current Use Multi-Family
Exclusions Tenant possessions
Exterior Features Barbecue, Lighting
Gross Income 994100
Listing Terms Cash, Conventional
Lot Size Square Feet 48351.6
Operating Expense 292682
Ownerpays Taxes, Trash Collection
Property SubType Multi-Family
Property Type Commercial Sale
Roof Membrane
Security Features Security Entrance, Smoke Detector(s)
Sewer Public Sewer
Standard Status Active
Status Active
Street Name Windermere
Structure Type Mid Rise (4-7)
Tax Annual Amount 65723
Tax Year 2022
Tenant Pays Cable TV, Internet, Telephone
Total Units 57
Utilities Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected
Year Built 1972

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 45567
Lot Features Near Public Transit
Lot Size Acres 1.11
Lot Size Area 1.11
Lot Size Units Acres
Road Frontage Type Public
Road Responsibility Public Maintained Road
Road Surface Type Paved
Total Parking 68
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80120

AVG $6.3M
AVG $38,986
AVG 38
Data Provided by Inside Real Estate®
Year Built
AVG 1989
AVG 64
Data Provided by Walkscore® not using MLS data

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