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28203667
28203666

844 N Ogden St, Denver, CO 80218

MP
CO er314551
Panorama Commercial Group
Listed by Panorama Commercial Group
$3,950,000
746 days on market
Updated 19 days ago

The Britt

Details
Property Type Multifamily
Sub Type Apartment Building, Low-Rise/Garden
Square Footage 15,000
Units 21
Cap Rate 5.21%
NOI $205,690
Occupancy 100%
Price per SqFt $263
Broker Co-Op Yes
Class C
Year Built 1931
Buildings 1
Stories 3
Lot Size (SqFt) 6,482
Zoning G-RH-3
Investment Type Core+

Multifamily | 21 Units | $188,095/unit

Marketing description

844 N Ogden St, a prime investment opportunity in the heart of Denver. With an upside in rents, this charming 21-unit + building, constructed in 1931, offers impeccable historic appeal and is zoned G-RH-3. With 100% occupancy, this property presents a strong and stable income stream for any investor. Its desirable location in the Denver area just blocks from Cheeseman Park ensures a strong rental market. Don't miss the chance to acquire this well-maintained, income-generating asset with excellent potential for continued growth and success in the multifamily/low-rise/garden sector.

Located in the vibrant Capitol Hill neighborhood of Denver, The Britt offers investors access to the city's thriving multifamily market. This sought-after area is known for its historic charm, tree-lined streets, and diverse range of dining, shopping, and entertainment options. Investors will appreciate the property's proximity to notable attractions such as Cheesman Park, the Denver Botanic Gardens, and the vibrant Capitol Hill dining scene. With its convenient location and strong demand for multifamily residences, The Britt presents an exceptional opportunity for investors seeking to capitalize on the dynamic Denver real estate market.



Investment highlights

  • Gym and Laundry on-site
  • Very well maintained - Below Market Rents
  • Close to Cheeseman Park - Stable investment - Most units have been updated
  • Roof is approximately 7 yrs old - Boiler is approximately 5 yrs old

Listing Contacts

MP
CO er314551
Panorama Commercial Group
Listed by Panorama Commercial Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$205,690.00
$17,140.83/mo

Valuation Metrics

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DSCR
5.21%
Cap Rate
5.21%
ROI

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