3552 Morrison Rd
11 Units in Westwood | $125K/unit | 6.77% Cap
Marketing description
3552 Morrison Road is an 11-unit multifamily asset located in the heart of Denver’s Westwood neighborhood. With a strong rents and stabilized operations, this interior-corridor property provides investors with exceptional day-one returns and stable, immediate cash flow. Situated along the vibrant Morrison Road corridor, the property offers residents easy access to Downtown Denver and the broader metropolitan area via major thoroughfares. Recent capital improvements, including new electrical panels and updated flooring, significantly mitigate near-term maintenance risks and increase the asset’s long-term value. The property features a shared backyard common area, which drives tenant retention and strengthens marketability. With in-place rents currently at or near market rates, the 3552 Morrison is positioned to deliver positive leverage for investors seeking day-one yield.
County: Denver
Year Built: 1941
# Buildings: 1
# Stories: 3
Total Units: 11
Construction: Brick Masonry
Roof Type: Flat
Gross Building SF: 5,613 (Includes finished basement area and storage per county records)
Total Lot SF: 7,179
Parking Type: Lot | 6 Spaces
Air Conditioning: Wall AC Units
Gas/Electric: Individual/Individual
Water/Sewer: Master
Investment highlights
- Stabilized, day-one cash flow with strong operational history
- Fully occupied with all rents at or near market rates
- Diverse unit mix of studios, one bedrooms, and two bedroom units
- Located in Opportunity Zone (Census Tract 8)
- New electrical panels inside each unit. Tenants also directly pay for gas and electric, keeping owner expenses low
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
