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31153827
31153829

1260 Logan St, Denver, CO 80203

KM
CO ER40042617
Kentwood Real Estate
Listed by Kentwood Real Estate
$1,850,000
104 days on market
Updated 1 day ago

Logan Flats

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,557
Units 12
Cap Rate 5.62%
NOI $103,964
Occupancy 92%
Pro-Forma Cap Rate 6.63%
Pro-Forma NOI $122,690
Price per SqFt $216
Class B
Year Built 1958
Year Renovated 2025
Buildings 1
Stories 3
Lot Size (SqFt) 6,250
Parking Spaces 6 spaces
Parking Per SqFt 0.70
Investment Type Stabilized
Ownership investor

12-Unit Investment Opportunity

Marketing description

Logan Flats is a well-maintained 12-unit apartment community ideally located in the heart of Capitol Hill, one of Denver’s most vibrant and walkable neighborhoods. Known for its historic character, eclectic dining, coffee shops, nightlife, and proximity to downtown, Capitol Hill continues to attract a strong renter base seeking urban convenience and lifestyle appeal. The property consists of 11 one-bedroom units and 1 studio, totaling approximately 8,547 square feet. Most units were remodeled between 2009–2012, resulting in bright, updated interiors. Large windows provide abundant natural light, while ceiling fans and spacious closets enhance tenant comfort and functionality. The building features an attractive brick and stone exterior, blending classic architectural character with long-term durability. Residents enjoy a shared on-site laundry facility (machines purchased in 2016) a private courtyard, and rear parking, an added convenience in this high-demand urban location.

With extensive system upgrades, a strong one-bedroom-heavy unit mix, and a prime Capitol Hill location, Logan Flats presents a fantastic income-producing asset with a clear opportunity to optimize operations and enhance long-term value in one of Denver’s most desirable rental submarkets.

Investment highlights

Capital Improvements:

Roof replaced (2017): Carlisle ½” SecurShield with 0.60 mil EPDM

Boiler replaced (2012): Raypak boiler and hot water tank

All windows replaced (2020): Simonton Maderia bronze exterior, double-pane glass

Laundry machines purchased (2016)

Property Highlights:

12-unit, 3-story apartment building in Capitol Hill

Unit mix: 11 one-bedrooms and 1 studio

Most units updated between 2009-2012

Abundant natural light throughout

Unit features include ceiling fans, ample closet space & well-appointed baths with bathtubs

6 Off-street parking spaces available in rear

Prime location in Capitol Hill — walkable urban neighborhood with strong rental demand

Listing Contacts

KM
CO ER40042617
Kentwood Real Estate
Listed by Kentwood Real Estate

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$103,964.00
$8,663.67/mo

Valuation Metrics

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DSCR
5.62%
Cap Rate
5.62%
ROI

Map

Zoning

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G-MU-5 ResidentialMulti FamilyGeneral Urban Neighborhood Context Multi Unit 5
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Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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