5333 OSCEOLA ST
Fully Renovated, Turn-key Investment that's Ideal for a 1031 Exchange
Marketing description
5333 Osceola sits on quiet dead-end street in the Berkeley Heights neighborhood that has seen a number of home reinvestments, new businesses and new townhomes built in recent years offering guest a neighborhood experience in close proximity to Regis University and popular neighborhoods like Tennyson, Highlands and Sloans Lake. It affords easy access to Denver and its neighboring communities to the north and west including Boulder by way of Federal Blvd, Sheridan Blvd, I-70 and I-76 and is just 30 minutes from the Mountain communities and DEN.
The well appointed units affords a Northwest central submarket location with few like hotel alternatives giving guest a high value experience for less money in an grossly underserved area with a Denver address for ease of bookings.
Regis University generates consistent family and visitor lodging demand during key academic periods year-round adding stability to the cyclical nature of vacation stays most STRs experience. This built in demand generator creates flexibility for staggered lease terms that fall short of many of the onerous State and Local landlord tenant laws that kick-in on leases extending beyond 11 months, if there is a desire to move away from STR operations at some point in the future.
Moving money out of other "like kind" investments and into 5333 Osceola this can help hedge risk in the uncertain economy. Rolling 1031X dollars into an investment like this allows you to step into proven income with little to no disruptions or demands while leaving open the opportunity to refine your portfolio wait with the added benefit of multiple exists at a later date.
Investment highlights
Top Performing Short Term Rental - 1031 Exchange Ready; Bonus Depreciation Eligible; DSCR Financing Potential.
Seven fully furnished rental units with Airbnb Superhost status, review history and active booking pipeline readily available to be transferred to a new owner. Completely renovated in 2022, nicely appointed and professionally managed eliminates a myriad of deferred maintenance concerns, provides stable, proven revenue streams and is offered at an attractive 8.99 GIM (5.84% capitalization rate) on 2025 actual income.
Step into the this hassle-free opportunity or add it to your own portfolio and take advantage of additional upside by self-managing, through dynamic pricing optimization or by mixing nightly stays with longer stays from the consistent University demand to shave costs. Because the STR rights are grandfathered in and the area serves the Regis University community you'll have multiple exist opportunities as the property is still classified as four townhomes and can be sold off separately at a later date.
Unincorporated Adams County has no STR restrictions and offers significant tax benefits
over many other Metro Denver Communities. Many municipalities require owner occupancy or more stringent licensing requirements that limit supply and tax guests at a higher rate creating a durable competitive advantage for this property.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
