Property
ActiveCommercial
1/18
$1,149,000

8803 Circle Drive

Westminster, CO 80031
0
Beds
0
Baths
4,722
SqFt
0.25
Acres
RECOLORADO
#6046100
Updated: May 26, 2026, 6:15pm

Property Description

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.

Property Details

Interior
Building Area Total
4722
Construction
Also Marketed As
Commercial Sale
Construction Materials
Frame
Number Of Units Total
6
Roof
Composition
Structure Type
Low Rise (1-3)
Year Built
1962
Year Built Effective
2025
Site & Exterior
Current Use
Multi-Family
Lot Size Acres
0.25
Lot Size Area
11000
Lot Size Square Feet
11000
Lot Size Units
Square Feet
Road Surface Type
Paved
Sewer
Public Sewer
Water Included
Yes
Water Source
Public
Zoning
R-3
Financials
Contract Earnest Check To
Capital Title
Contract Min Earnest
20000.00
Documents Available
Leases
Exclusions
Tenant's personal property
Lease Considered
No
Owner Pays
Taxes
Parcel Number
R0048452
Tax Annual Amount
8587
Tax Legal Description
SUB:SHAW HEIGHTS SIXTH FILING BLK:50A DESC: BEG AT SE COR OF BLK 50A TH N 100 FT TH W 110 FT TH S 100 FT TH E 110 FT TO POB
Tax Year
2024
Title Company
Capital Title - Cindy Nitzsche

Neighborhood & Lifestyle

WalkScore™
Walk Score
Car-Dependent
46
Bike Score
Somewhat Bikeable
38
Listing provided courtesy of RECOLORADO via IDX. Updated: May 26, 2026, 6:15pm.
META Homes Team

Listing Agent

Real Broker, LLC DBA Real

Call Agent