The Adam Apartments 1329 Grant St 34 Unit Apartment Building $4,911,034 CAD ($144,442 CAD/Unit) 6.30% Cap Rate Denver, CO 80203

The Adams at Grant presents a rare opportunity to acquire a classic, well-maintained vintage apartment building in the heart of Denver’s Capitol Hill neighborhood. Less than a block away from the Colorado State Capitol and walking distance to some of the city’s best dining, nightlife and cultural attractions.
Each of the 34 studio apartments offer a blend of historic charm and practical features that appeal to today’s renters. Residents enjoy original hardwood and tile flooring, spacious walk-in closets, abundant natural light, and the timeless architectural details that define pre-war construction. Recent capital improvements include newer vinyl windows, renovated common hallways, and an on-site laundry facility for resident convenience.
With its irreplaceable location, enduring architectural appeal, and stable tenant demand driven by the surrounding employment base, The Adams at Grant is well-positioned for continued rent growth. A value-add investor has the opportunity to unlock significant upside through targeted in-unit renovations, further enhancing revenue while preserving the building’s historic character.