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32048173
32048276

4 Locations

JH
CO ER 04002671
Brockman Group
JB
CO FA100032733
Brockman Group
Listed by Brockman Group
$3,100,000
52 days on market
Updated 31 days ago

Uptown Portfolio

Details
APN 0235310038000
Property Type Multifamily, Office
Sub Type Single Family Rental Portfolio, Traditional Office
Square Footage 11,679
Units 12
Cap Rate 5.65%
NOI $175,000
Year Built 1885
Stories 1
Lot Size (SqFt) 7,329
Zoning PUD
Parking Spaces 12 spaces
Parking Per SqFt 1.03
Investment Type Value Add
Sale Condition 1031 exchange

6 Individual Legal Addresses | Fix & Flip | Redevelopment | Multiple Exit Strategies

Marketing description

Rare contiguous Midtown Denver portfolio offering with multiple exit strategies and significant upside. This unique assemblage includes 1960 Clarkson, 1950 Clarkson, 1937–1939 Park Ave, and 818–820 E 20th Ave, combining office, residential, and multifamily assets in one of Denver’s strongest urban neighborhoods.

Total portfolio price is $3,100,000 with approximately $205,000 in current annual income, creating a true covered land play with income in place while executing renovations, repositioning, or future development plans.

The commercial properties can be easily converted to residential, creating strong fix-and-flip and owner-user opportunities. Buyers can pursue several strategies including:

• Single asset fix and flip

• Multi-property portfolio renovation and resale

• Buy and hold with income while repositioning

• Full-site assemblage for future development

• Covered land play with long-term redevelopment upside

Projected post-renovation portfolio value is approximately $4,290,000 with strong individual margins across each asset.

Seller is open to selling the full portfolio or potentially selling assets individually:

• 1960 Clarkson – $750,000

• 1950 Clarkson – $700,000

• 1937–1939 Park Ave – $700,000

• 818–820 E 20th Ave – $950,000

Feasibility studies and architectural renderings are available for buyers pursuing the larger development opportunity.

Excellent Midtown location adjacent to Safeway-anchored retail, near downtown Denver, hospitals, restaurants, major employment centers, and strong residential demand drivers. Rare opportunity to control an entire site with flexible execution and multiple paths to value.

Investment highlights

  • Fix & Flip | Redevelopment | Multiple Exit Strategies
  • Properties may be purchased individually

Listing Contacts

JH
CO ER 04002671
Brockman Group
JB
CO FA100032733
Brockman Group
Listed by Brockman Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$175,000.00
$14,583.33/mo

Valuation Metrics

0
DSCR
5.65%
Cap Rate
5.65%
ROI

Map

Zoning

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PUD PlannedPlanned Unit Development
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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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Additional Information

Name
Jules Hochman
License
ER 04002671
Brokerage Phone
3036684930
Title
CO
Brokerage Address
730 Kalamath Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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