Listed by Unique Properties, Inc
$1,950,000
Meade St Townhome Portfolio (Sloans Lake)
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 7,181
Units 3
Cap Rate 5.9%
NOI $115,107
Occupancy 100%
Tenancy Multi
Price per SqFt $272
Class A
Year Built 2024
Buildings 3
Stories 3
Acreage 0.690
Zoning G-MU-3
Parking Spaces 1 per unit
NEW FULLY LEASED SLOANS LAKE 3 UNIT TOWNHOME PROJECT
Marketing description
Prime investment opportunity at 1273 Meade Street, Denver, CO. This meticulously crafted, 7,181 SF building offers three units, each boasting the benefits of a modern design and top-tier construction, reflecting the essence of luxury living. Conveniences include proximity to the RTD Light Rail Station, ensuring easy transit access. With G-MU-3 zoning, low management responsibilities, and separate utility metering for each unit, this property presents an exceptional investment for the smart Multifamily / Single Family Rental Portfolio investor. Built in 2024, it promises long-term value and appreciation in one of Denver's most dynamic neighborhoods.
Investment highlights
- Brand New Build: Enjoy the benefits of a modern design, high-quality construction, ease of management.
- Convenient Access to RTD Light Rail: Located 4.5 Block from the Perry St Light Rail Station
- Thriving & Growing Submarket: Situated in one of Denver’s most dynamic and rapidly growing neighborhoods, ensuring long term value and appreciation.
- Low Management Responsibilities: All of the Utilities are separately metered allowing the Landlord to enjoy low management responsibilities. Each Tenant has their own account for Utilities and pays in addition to their monthly rent.
Listing Contacts
Listed by Unique Properties, Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,107.00
$9,592.25/mo
Valuation Metrics
0
DSCR
5.9%
Cap Rate
5.9%
ROI
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