$3,250,000

1877 S Federal Boulevard

Denver CO, 80219

Description

Excellent investment opportunity located just five blocks south of the new $37MM Denver Health Clinic. 100% leased & cash flowing 24-unit apartment building comprised of 1BD/1BA units that have all been renovated within the last three years. Building set to gross roughly $260k this year in one of the Denver area's best locations for rent growth. Opportunity for loan assumption at 3.99%. Ask listing agent for details. Link to full OM: http://hornsteinfetter.listinglab.com/TangiersApartments2019

Details

MLS#9721042
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusUnder Contract
Year1962
Days On Site124

Features

SQ Feet16,944
Story(s)1
Units24
ZoningS-MX-3

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80219
AreaDenver
Listing VS Median (in 80219)
Price:
$3,250,000
low | high
Med:
$347,450
100% of Average
SqFt:
16,944
low | high
Med:
1,341
100% of Average
$ / SqFt:
$192
low | high
Med:
$281
3.616646498816% of Average
On Site:
124
low | high
Med:
141.5
87.632508833922% of Average
Listing Updated: 11/12/2019
MLS Number: 9721042
Listing Provided By:
Joe Hornstein  of  Pinnacle Real Estate Advisors