The Knox Apartments are an 18-unit, cosmetic value-add opportunity consisting of two buildings strategically located in a quiet neighborhood on the outskirts of Sheridan, CO, and easily accessible to major city thoroughfares. Upgrades to both the exterior and interior of the property present new ownership with flexible value-add options. All units have undergone renovations featuring updated bathrooms and kitchens, as well as new luxury flooring, contemporary light fixtures, interior paint, windows, doors, and trim. 3605–3615 S Knox Ct boasts the opportunity to increase NOI through a fresh approach to both asset and property management. With current rents lagging market rates, a new operator can optimize operations and maximize returns by implementing concepts proven successful at surrounding properties. HIGHLIGHTS - Two 9-unit apartment complexes (18 units total) with diverse unit mixes - Located in a quiet neighborhood close to Sheridan and River Point, where nearby restaurants/ retailers include Costco, Target, Chick-Fil-A, Panera, and more - Beautifully maintained landscaping - All units have seen some upgrades including flooring, lighting, bathroom vanities, countertops, appliances, cabinets

Listing courtesy of Kaufman Hagan 6507409570



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