$2,600,000

9191 Pierce Street Unit: 1,2,3,4,5, Westminster CO, 80021

Price per sqftN/A

Built in2027

Property typeCommercial

Overview

Active

Listed Oct 3, 2026

Updated 25h ago

Rare opportunity to acquire five new-construction, individually deeded townhomes at Greenlawn Towns, approximately one mile from Downtown Westminster. Each residence features 3 bedrooms, 3.5 bathrooms and an attached 2-car garage. Three of the five homes also feature private rooftop decks. Offered together at $2,600,000, the portfolio totals 9,229 finished square feet. Modern, all-electric construction includes energy-efficient features, contemporary finishes, upper-level laundry, EV-ready garages and solar pre-wire. Five separate deeds provide added ownership and future disposition flexibility compared with a traditional multifamily investment. Projected rents of $3,400 per home generate $204,000 in annual gross scheduled rent. Projected annual operating expenses of $47,240 result in projected NOI of $156,760 and a projected 6.03% cap rate. Projected expenses include estimated property taxes, HOA dues of $150/month per home ($9,000 annually), insurance, 3% vacancy and 3% maintenance reserves. Seller is the builder. Construction is underway with completion currently scheduled for February 2027. Photos shown are of the Greenlawn Towns model home and are representative of the community; actual homes, finishes and features may vary. Buyer to independently verify rents, expenses, financial projections, HOA information, specifications and completion timing.

Additional information

MLS^® ID: 3238236

Interior Features

Basement: No

Exterior Features

Lot Size: 0.11 Acres

Other Property Details

Taxes: $18,500
Tax Frequency: Annually
Garage: Yes

Listed by Montano Properties, Daniel Rob Montano, Listing Contact: [email protected]

1. This publication is designed to provide information regarding 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.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO 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., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. 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.

4. METROLIST, INC., DBA RECOLORADO 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.

5. Equal Housing Opportunity - see logo above.

6. © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500, Greenwood Village, CO 80111 USA 7. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

Properties displayed may be listed or sold by various participants in the MLS.

Data last updated 9:38 PM UTC, 10/3/2026

DMCA Notice