Listed by Pinnacle Real Estate Advisors
$1,050,000
1853-1865 W Mosier Place
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,113
Units 7
Cap Rate 6.1%
NOI $64,034
Pro-Forma Cap Rate 6.46%
Pro-Forma NOI $67,785
Price per SqFt $205
Class C
Year Built 1954
Buildings 1
Stories 2
Acreage 0.200
JUST LISTED! 7 Units in Denver; Mostly 2Bd Townhome Style Units
Marketing description
JUST LISTED! 7-unit property in West Denver with primarily 2-bedroom, townhome-style units. Recent capital improvements include the roof, electrical panels, furnaces, and water heaters. The asset offers a 6.10% current cap rate and is priced below comparable sales.
Investment highlights
- Great Unit Mix of (3) 1Bed/1Bath Units and (4) 2Bed/1Bath Townhome Style Units
- Updated Roof, Electrical Panels, Furnaces & Water Heaters
- One Mile to Gates Redevelopment
- Easy Access to Santa Fe, Interstate 25, Federal Boulevard and US Hwy 6
- Short Drive to Downtown Denver
- Walk to Restaurants, Retail, Places of Employment & Public Transportation
- 1.4 Miles from Site of New Denver NWSL Women’s Soccer Stadium (Opening 2028)
Listing Contacts
Listed by Pinnacle Real Estate Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$64,034.00
$5,336.17/mo
Valuation Metrics
0
DSCR
6.1%
Cap Rate
6.1%
ROI
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