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3775-3795 Grove St 13 Unit Apartment Building $4,359,600 CAD ($335,354 CAD/Unit) 4.89% Cap Rate Denver, CO 80211
Executive Summary
13 multi family units,
3 commercial retail units, 8 garages and additional interior storage units.
Great location on 38th between Federal and Tennyson for shopping, walkability, dining, transit and lifestyle.
13x1/1 units.
8 garages with alley access all fully rented.
3 commercial units fully leased with room to grow rents to market.
10 off street parking spots
Large windows allowing abundant natural light, functional kitchens with great cabinetry storage and granite islands.
Modern fixtures and updated finishes.
3 commercial retail units, 8 garages and additional interior storage units.
Great location on 38th between Federal and Tennyson for shopping, walkability, dining, transit and lifestyle.
13x1/1 units.
8 garages with alley access all fully rented.
3 commercial units fully leased with room to grow rents to market.
10 off street parking spots
Large windows allowing abundant natural light, functional kitchens with great cabinetry storage and granite islands.
Modern fixtures and updated finishes.
Property Facts
| Price | $4,359,600 CAD | Building Class | C |
| Price Per Unit | $335,354 CAD | Lot Size | 0.35 AC |
| Sale Type | Investment | Building Size | 9,372 SF |
| Cap Rate | 4.89% | Average Occupancy | 100% |
| No. Units | 13 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1951 |
| Property Subtype | Apartment | Parking Ratio | 0.62/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | B2, Denver | ||
| Price | $4,359,600 CAD |
| Price Per Unit | $335,354 CAD |
| Sale Type | Investment |
| Cap Rate | 4.89% |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 9,372 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1951 |
| Parking Ratio | 0.62/1,000 SF |
| Zoning | B2, Denver |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | 575 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2292-02-029 | Improvements Assessment | $144,939 CAD |
| Land Assessment | $144,939 CAD | Total Assessment | $298,864 CAD |
Property Taxes
Parcel Number
2292-02-029
Land Assessment
$144,939 CAD
Improvements Assessment
$144,939 CAD
Total Assessment
$298,864 CAD
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3775-3795 Grove St
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