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1755 S Broadway
Denver, CO 80210
Multifamily Property For Sale
·
11 Units
Executive Summary
• 100% leased mixed use asset on South Broadway
• 11 apartment units and 2 retail units
• 9 of the 11 apartment units were renovated and finished Summer 2022. Brand new hot water heaters, flooring, electrical, plumbing, paint, kitchens and appliances, etc.
• High visibility property on South Broadway
• Rapidly developing area in the Denver MSA
• New storefront going to be installed in 2024
• Coin laundry recently added for additional income (around $200/mo not factored into NOI)
• 11 apartment units and 2 retail units
• 9 of the 11 apartment units were renovated and finished Summer 2022. Brand new hot water heaters, flooring, electrical, plumbing, paint, kitchens and appliances, etc.
• High visibility property on South Broadway
• Rapidly developing area in the Denver MSA
• New storefront going to be installed in 2024
• Coin laundry recently added for additional income (around $200/mo not factored into NOI)
Property Facts
| Price Per Unit | $344,633 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 7.01% | Building Size | 7,192 SF |
| No. Units | 11 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1961/2022 |
| Apartment Style | Low-Rise | Parking Ratio | 1.11/1,000 SF |
| Zoning | U-MS-5 - Applies primarily to collector or arterial street corridors, or may be embedded within a larger commercial shopping center or mixed use 1-5 stories | ||
| Price Per Unit | $344,633 CAD |
| Sale Type | Investment |
| Cap Rate | 7.01% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 7,192 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1961/2022 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | U-MS-5 - Applies primarily to collector or arterial street corridors, or may be embedded within a larger commercial shopping center or mixed use 1-5 stories |
Property Taxes
| Parcel Number | 5226-10-030 | Improvements Assessment | $1,880,674 CAD |
| Land Assessment | $891,489 CAD | Total Assessment | $2,772,163 CAD |
Property Taxes
Parcel Number
5226-10-030
Land Assessment
$891,489 CAD
Improvements Assessment
$1,880,674 CAD
Total Assessment
$2,772,163 CAD
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