Listed by Pinnacle Real Estate Advisors
$1,550,000
1331 COLUMBINE ST DENVER CO 80206
Details
APN 05012-13-014-000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,288
Units 9
Cap Rate 6.16%
NOI $95,473
Tenancy Multi
Pro-Forma Cap Rate 6.47%
Pro-Forma NOI $100,220
Price per SqFt $293
Year Built 1902
Year Renovated 2025
Buildings 1
Stories 3
Acreage 0.140
About This Property
Marketing description
JUST LISTED! 9 Units in Congress Park. Beautifully Renovated, Turnkey Asset with Onsite Laundry, Bike Storage and 11 Off-Street Parking Spaces.
Investment highlights
- Beautifully Renovated, Turn-Key Asset with Newer: Kitchens, Bathrooms, Floors, Electrical, Plumbing, Windows, Roof, Parking Lot, Boiler & Hot Water Heaters
- Excellent Location Near Cheesman and Congress Parks
- (11) Off-Street Parking Spaces Provide Additional Income
- Bike Storage and On-Site Laundry
- Large Fenced Yard with Potential for Dog Run or other Community Use
- Strong Neighborhood Demographics: Average Household Income of $126,907 within One Mile
- Can be Purchased with 5955 Yukon St, Arvada
Listing Contacts
Listed by Pinnacle Real Estate Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$95,473.00
$7,956.08/mo
Valuation Metrics
0
DSCR
6.16%
Cap Rate
6.16%
ROI
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