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Address available on request

FOR

SALE

$9,925,000

Active

25,075

Sq.Ft.

0.21

Acres

1955

Yr. Built

MLS# 3284593

Cumulative Days on Market: Less than 1 (since February 12th, 2025) Data provided by the MLS.

Property Details

1515 Clermont is a fully renovated 39-unit apartment complex located in Denver, Colorado, it consists of 3 studios, 35 one-bedroom units, and 1 two-bedroom unit. In addition, the offering includes 1531 Clermont (one parcel away) that is 15 off-street parking stalls. The property was fully renovated in 2023-2024. The renovation included kitchens, baths, flooring, fixtures, and common areas, including the shared laundry room. The property has easy access to transit and sits nicely in a neighborhood experiencing significant growth and development. Investors will have the opportunity to take advantage of strong future rent growth as the neighborhood continues to evolve.

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Property Highlights

Price

$9,925,000

Property Type

Commercial Sale

Property Sub Type

Multi-Family

Acres

0.21

Year Built

1955

Location

County

Denver

Zoning

U-SU-C

Property Details

Price

$9,925,000

Property Sub Type

Multi-Family

Property Type

Commercial Sale

Building

Total Area

25,075

Interior Features

Area and Spaces

Number of Units

Building Details

Construction

Year Built

1955

Terms

Commercial

Cap Rate

4.80

Terms

Special Terms

Cash, Conventional

Taxes

Tax

Tax (Annual)

$36,186

Heating, Cooling & Utilities

Utilities

Sewer

Public Sewer

Lot

Acres

0.21

Lot Size

9,310

Lot Size Area Sq Ft

9,310

Parking

Total Parking Spaces

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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NOTE: Cumulative Days on Market: Less than 1. Data provided by the MLS.

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Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 02/12/2025 07:00 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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Listing Data last updated: 02/12/2025 07:00 pm

Address available on request - MLS#3284593 - $9,925,000

Listed by Northpeak Commercial Advisors, LLC

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