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31645596
31645606

1415 N Pearl St, Denver, CO 80203

JK
CO FA100032419
Pinnacle Real Estate Advisors
CK
CO FA100052086
Pinnacle Real Estate Advisors
JK
CO FA100068260
Pinnacle Real Estate Advisors
Listed by Pinnacle Real Estate Advisors
$2,250,000
61 days on market
Updated 61 days ago

Pearl Street Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,136
Units 12
Cap Rate 5.89%
NOI $132,534
Pro-Forma Cap Rate 6.14%
Pro-Forma NOI $138,249
Price per SqFt $315
Broker Co-Op Yes
Class C
Year Built 1962
Buildings 1
Lot Size (SqFt) 6,250
Zoning G-MU-5

The Pearl Street Apartments is a 12-unit property in Cap Hill

Marketing description

1415 Pearl Street offers a rare opportunity to acquire a fully renovated, turn-key 12-unit apartment community in the heart of Denver’s highly desirable Capitol Hill neighborhood. The property has been thoughtfully upgraded throughout, with each unit featuring stainless steel appliances, modernized kitchens and bathrooms, vinyl windows, and updated flooring, delivering a high-quality resident experience that supports strong and consistent rental demand.

The asset includes six off-street parking spaces and on-site laundry, providing meaningful amenities in a dense, walkable urban setting. Residents benefit from close proximity to Downtown Denver, Cheesman Park, City Park, and the vibrant Colfax Avenue corridor, offering convenient access to employment, recreation, dining, and entertainment.

Investment highlights

  • TURN-KEY 12 UNIT APARTMENT COMMUNITY IN THE HEART OF CAPITOL HILL
  • 11 – 1BR/1BA APARTMENTS AND 1 STUDIO APARTMENT
  • GATED AND SECURED ENTRY
  • UPDATED UNITS WITH STAINLESS STEEL APPLIANCES
  • OFF-STREET PARKING AVAILABLE
  • WALKING DISTANCE TO CHEESMAN PARK, CITY PARK AND RESTAURANTS AND RETAIL ON COLFAX AVE

Listing Contacts

JK
CO FA100032419
Pinnacle Real Estate Advisors
CK
CO FA100052086
Pinnacle Real Estate Advisors
JK
CO FA100068260
Pinnacle Real Estate Advisors
Listed by Pinnacle Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$132,534.00
$11,044.50/mo

Valuation Metrics

0
DSCR
5.89%
Cap Rate
5.89%
ROI

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