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1195 Birch St 6 Unit Apartment Building $2,359,248 CAD ($393,208 CAD/Unit) 6% Cap Rate Denver, CO 80220
Investment Highlights
- Multifamily investment opportunity in desirable Denver location
- Convenient access to retail, parks, dining, and commuter routes
- Immediate income potential with long-term upside
- G-MU-5 zoning supports residential density and future flexibility
Executive Summary
FOR SALE BY OWNER
City-Supported Affordable Housing Asset | Assumable 1% Financing strong Cash Flow Denver, CO
Overview
Rare opportunity to acquire a 6-unit Multifamily asset in Denver with below market financing and strong in-place income, operating under an 80% AMI affordable housing designation.
This property offers stable, predictable cash flow, significant operational upside through self-management, and a unique capital stack featuring a $350,00 loan at 1% interest, creating a substantial advantage versus current market debt.
Investment Highlights: -
6 Units | strong In-place Income
• current Gross Rent: $8,000/ month
• Stabilized Rent Potential: $9,000/ month (one unit vacant)
• Additional $500 per month income from Onsight laundry, parking (3 garage spaces) and storage.
Affordable Housing (80% AMI)
• Two -bedroom rents up to $2,200/ month
• one-bedroom rents up to $1300 / month
• Strong demand for workforce housing in Denver
Below- Market Financing:
• $350,000 loan at 1% interest (buyer to verify assumability)
• Create significant interest savings Vs. current market rates
Operational Upside:
• Opportunity to increase NOI through self-management
• Current third-party management at 7% fee
• Excess reserve structure can be optimized
Stabilized Asset:
• Consistent tenant base
• Low vacancy historically
• immediate upside with lease-up of vacant unit
Financial Summary ( Pro Forma):-
• Gross Schedule Rent: $108,000 annually
• Estimated Expenses: $30,000 -$35,000
• Projected NOI: $76,000 -$81,000
Additional Notes: -
Property must remain compliant with affordable housing requirements associated with city financing.
Contact Owner directly- office 303 320 4004 and cell 720 -880 9409
For additional Information, financials, and showing details.
City-Supported Affordable Housing Asset | Assumable 1% Financing strong Cash Flow Denver, CO
Overview
Rare opportunity to acquire a 6-unit Multifamily asset in Denver with below market financing and strong in-place income, operating under an 80% AMI affordable housing designation.
This property offers stable, predictable cash flow, significant operational upside through self-management, and a unique capital stack featuring a $350,00 loan at 1% interest, creating a substantial advantage versus current market debt.
Investment Highlights: -
6 Units | strong In-place Income
• current Gross Rent: $8,000/ month
• Stabilized Rent Potential: $9,000/ month (one unit vacant)
• Additional $500 per month income from Onsight laundry, parking (3 garage spaces) and storage.
Affordable Housing (80% AMI)
• Two -bedroom rents up to $2,200/ month
• one-bedroom rents up to $1300 / month
• Strong demand for workforce housing in Denver
Below- Market Financing:
• $350,000 loan at 1% interest (buyer to verify assumability)
• Create significant interest savings Vs. current market rates
Operational Upside:
• Opportunity to increase NOI through self-management
• Current third-party management at 7% fee
• Excess reserve structure can be optimized
Stabilized Asset:
• Consistent tenant base
• Low vacancy historically
• immediate upside with lease-up of vacant unit
Financial Summary ( Pro Forma):-
• Gross Schedule Rent: $108,000 annually
• Estimated Expenses: $30,000 -$35,000
• Projected NOI: $76,000 -$81,000
Additional Notes: -
Property must remain compliant with affordable housing requirements associated with city financing.
Contact Owner directly- office 303 320 4004 and cell 720 -880 9409
For additional Information, financials, and showing details.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$183,488
|
$45.69
|
| Other Income |
$10,996
|
$2.74
|
| Vacancy Loss |
$8,440
|
$2.10
|
| Effective Gross Income |
$186,044
|
$46.33
|
| Taxes |
$12,480
|
$3.11
|
| Operating Expenses |
$2,052
|
$0.51
|
| Total Expenses |
$14,532
|
$3.62
|
| Net Operating Income |
$171,513
|
$42.71
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $183,488 |
| Annual Per SF | $45.69 |
| Other Income (CAD) | |
|---|---|
| Annual | $10,996 |
| Annual Per SF | $2.74 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $8,440 |
| Annual Per SF | $2.10 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $186,044 |
| Annual Per SF | $46.33 |
| Taxes (CAD) | |
|---|---|
| Annual | $12,480 |
| Annual Per SF | $3.11 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $2,052 |
| Annual Per SF | $0.51 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $14,532 |
| Annual Per SF | $3.62 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $171,513 |
| Annual Per SF | $42.71 |
Property Facts
Amenities
Unit Amenities
- Dishwasher
- Storage Space
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Service
- Trash Pickup - Curbside
- Storage Space
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,890 CAD | 457 |
| 2+2 | 3 | $3,207 CAD | 882 |
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Very walkable
80/100
Fairly drivable
50/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 6062-28-013 | Total Assessment | $34,570 CAD |
| Land Assessment | $14,365 CAD | Annual Taxes | $12,480 CAD ($3.11 CAD/SF) |
| Improvements Assessment | $14,365 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
6062-28-013
Land Assessment
$14,365 CAD
Improvements Assessment
$14,365 CAD
Total Assessment
$34,570 CAD
Annual Taxes
$12,480 CAD ($3.11 CAD/SF)
Tax Year
2025
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5280 Smith Sunshine Properties LLC
1195 Birch St
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