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1439 Detroit St
Denver, CO 80206
Multifamily Property For Sale
·
7 Units
Investment Highlights
- TROPHY ASSET IN CONGRESS PARK
- PRIMARILY OVERSIZED (800+SF) ONE BEDROOM UNITS
- NEWER ROOF AND WINDOWS
- ATTRACTIVE VINTAGE CHARACTER
- RENTAL UPSIDE IN AS-IS CONDITION
- WALKING DISTANCE TO CITY PARK, CONGRESS PARK AND CHEESMAN PARK
Executive Summary
The Stella is a stunning, vintage 7 unit apartment building features 6 large and unique 1Br/1Ba units and 1 spacious studio apartment. This one-of-a-kind property offers onsite laundry, 2 off-street parking spots, newer windows, private courtyard and a unique charm that you feel throughout the building. From the custom artwork to the beautifully maintained woodwork, this property’s character is truly unmatched.
Property Facts
| Price Per Unit | $282,867 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 5.48% | Building Size | 5,654 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1903/2016 |
| Property Subtype | Apartment | Parking Ratio | 0.35/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3 | ||
| Price Per Unit | $282,867 CAD |
| Sale Type | Investment |
| Cap Rate | 5.48% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,654 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1903/2016 |
| Parking Ratio | 0.35/1,000 SF |
| Zoning | R3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Number | 5012-05-018 | Improvements Assessment | $46,424 CAD |
| Land Assessment | $46,424 CAD | Total Assessment | $128,030 CAD |
Property Taxes
Parcel Number
5012-05-018
Land Assessment
$46,424 CAD
Improvements Assessment
$46,424 CAD
Total Assessment
$128,030 CAD
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