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30865987
30865994

1600 Yates St, Denver, CO 80204

ER
CO EA100015555
Realty ONE Group
Listed by Realty ONE Group
$1,675,000
95 days on market
Updated 92 days ago

1600 Yates St 1 Block South of Sloan Lake

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,482
Units 5
Cap Rate 6.28%
NOI $105,203
Occupancy 80%
Price per SqFt $306
Broker Co-Op Yes
Class B
Year Built 1979
Year Renovated 2022
Buildings 1
Stories 1
Lot Size (SqFt) 12,500
Zoning U-RH-3A
Investment Type Value Add

Multifamily | 5 Units | $335,000/unit

Marketing description

Excellent income producing 5 unit property, located in the Hottest spot in Denver. Sloan's Lake and surrounding neighborhoods have it all. Great bars, restaurants, breweries, paddle boarding, views, and festivals. One block south from the Lake and park. Blocks away from 17th St, Sheridan Blvd, Colfax Ave Bus Routes, and 12th/Sheridan Light Rail Station. Quick Highway access to Downtown or the Mountains. Quality updated midsized apartments with granite counters, rich stain grade cabinets, and low maintenance luxury vinyl tile flooring. Currently offered at a 6.28% CAP Rate. Great Value Add Investment with room for contemporary finishes and updated rents. Avoid Commercial Balloon Financing and Contact Eduard Sagily with Opulence Lending Group [email protected], for excellent 30 year fixed rate DSCR options. 20% Down, no required W2's, Competitive Rates, No Personal Income Verification, LLC Ownership Allowed for qualified Buyers. Title to be transferred in Special Warranty Deed. All information deemed reliable but not guaranteed. Buyer and Buyer's Agent to verify SQFT, schools, zoning, and all other info relevant to Buyer.

Listing Contacts

ER
CO EA100015555
Realty ONE Group
Listed by Realty ONE Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$105,203.00
$8,766.92/mo

Valuation Metrics

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DSCR
6.28%
Cap Rate
6.28%
ROI

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*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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