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5361 Everett StArvada, CO 80002

639600 RIDGE PARK · Jefferson County

$3,200,000List price
36Beds
22Baths
16,400Sq Ft
1961Year built
1 day agoOn market

Description

Hearthstone Flats is a fully renovated apartment community in the heart of Arvada, just minutes from Olde Town Arvada, Arvada Market Place, and I-70. The property has been thoughtfully updated with new LVT flooring, modern kitchens and baths, stainless steel appliances, and upgraded interior finishes throughout, complemented by on-site laundry, off-street parking, and a quiet, park-like setting. With new roof, gutters, stairs, and sewer lines all installed within the past several years, the asset offers a turnkey physical plant with limited near-term capital needs. In-place rents remain well below surrounding renovated comparables, creating a clear path to meaningful NOI growth through natural lease turnover and strategic rent adjustments, without the execution risk of heavy renovation.

Property Information

Property type
Residential Income
Sub-type
Quadruplex
Structure type
Quadruplex
Year built
1961
Living area
16,400 Sq Ft
Parking spaces
30
Ownership
Individual
Days on market
1
MLS® Listing#
6699931

Property Features

Cooling
Other
Heating
Hot Water
Construction
Wood Siding
Sewer
Public Sewer

Schools

Elementary
Arvada K-8
Middle
Arvada K-8
High
Arvada

Financial Details

HOA
None
Annual taxes
$23,949Tax year 2025
Parcel number
011935
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Listing Courtesy: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. - charles.burkhart@marcusmillichap.com,214-336-6064

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This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

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