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FOR
SALE
$2,690,000
Active
12,150
Sq.Ft.
0.48
Acres
1948
Yr. Built
MLS# 1934845
Cumulative Days on Market: Less than 1 (since February 12th, 2025) Data provided by the MLS.

Property Details

Recently renovated 14-unit multifamily property strategically located between downtown Denver and the Fitzsimons Medical Campus. The property features a diverse unit mix: 1 studio, 4 one-bedroom, 6 two-bedroom, and 3 three-bedroom units. Investment Highlights: Turnkey asset with recent comprehensive renovation program Immediate rent growth potential with below-market current rates Operational upside through management optimization Transit-oriented location near two major employment hubs Positive growth rental submarket This offering combines the stability of a renovated asset with value-add potential through rental rate growth and operational efficiencies.

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Property Highlights

Price
$2,690,000
Property Type
Commercial Sale
Property Sub Type
Multi-Family
Acres
0.48
Year Built
1948

Location

County
Denver
Zoning
E-TH-2.5

Property Details

Price
$2,690,000
Property Sub Type
Multi-Family
Property Type
Commercial Sale

Building

Total Area
12,150

Interior Features

Area and Spaces

Number of Units
14

Building Details

Construction

Year Built
1948

Terms

Commercial

Cap Rate
6.00

Terms

Special Terms
Cash, Conventional

Taxes

Tax

Tax (Annual)
$12,914

Heating, Cooling & Utilities

Utilities

Sewer
Public Sewer

Lot

Acres
0.48
Lot Size
20,900
Lot Size Area Sq Ft
20,900

Parking

Total Parking Spaces
13
Listed by Northpeak Commercial Advisors, LLC, matt@northpeakcre.com, 303-210-1623.
Listing Data last updated 02/12/2025 07:00 pm
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Property History

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Property information last updated
Today
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: Less than 1. Data provided by the MLS.

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Address available on request - MLS#1934845 - $2,690,000
Listed by Northpeak Commercial Advisors, LLC
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