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848-852 S Logan St 4 Unit Apartment Building $1,952,623 CAD ($488,156 CAD/Unit) 5.32% Cap Rate Denver, CO 80209
Investment Highlights
- Fully renovated units
- Updated HVAC
- Large, 8,356 SF lot
- West Washington Park location
- Updated landscaping
- Ideal property for AirBnB or Owner Occupants
Executive Summary
NorthPeak Commercial Real Estate Advisors is pleased to offer 848-852 S Logan St., a stunning, renovated, four-unit property in Denver’s popular West Washington Park Neighborhood.
848-852 S Logan St. has been renovated from top to bottom and offers renters a truly premier living space. Upstairs units are both 2bd/1ba, with spacious bedrooms, updated kitchens, renovated bathrooms with bright skylights for natural light and window a/c units. Downstairs offers 1bd/1ba units that are cool, comfortable, and rent well. Both sides feature washer/dryer, access to private backyards and each side even has private garage parking in addition to off street parking.
Situated on an oversize, 8,356 SF lot, this property is just blocks from Washington Park while also being walking distance to bars, restaurants, Whole Foods and neighborhood coffee shops tucked all around. Tenants can access I-25 only moments after leaving the property, but they also enjoy a quiet home in a leafy neighborhood often regarded as one of Denver’s best places to live.
Offered at $1,395,000, this is a compelling opportunity for owner occupants, AirBnB operators, or investors simply looking for a well-located rental property in an A+ location.
848-852 S Logan St. has been renovated from top to bottom and offers renters a truly premier living space. Upstairs units are both 2bd/1ba, with spacious bedrooms, updated kitchens, renovated bathrooms with bright skylights for natural light and window a/c units. Downstairs offers 1bd/1ba units that are cool, comfortable, and rent well. Both sides feature washer/dryer, access to private backyards and each side even has private garage parking in addition to off street parking.
Situated on an oversize, 8,356 SF lot, this property is just blocks from Washington Park while also being walking distance to bars, restaurants, Whole Foods and neighborhood coffee shops tucked all around. Tenants can access I-25 only moments after leaving the property, but they also enjoy a quiet home in a leafy neighborhood often regarded as one of Denver’s best places to live.
Offered at $1,395,000, this is a compelling opportunity for owner occupants, AirBnB operators, or investors simply looking for a well-located rental property in an A+ location.
Property Facts
| Price | $1,952,623 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $488,156 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 5.32% | Building Size | 3,514 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | ||
| Zoning | U-SU-B2 | ||
| Price | $1,952,623 CAD |
| Price Per Unit | $488,156 CAD |
| Sale Type | Investment |
| Cap Rate | 5.32% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 3,514 SF |
| No. Stories | 1 |
| Year Built | 1924 |
| Zoning | U-SU-B2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 729 |
| 2+1 | 2 | - | 950 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $56,920 CAD | |
| Land Assessment | $56,920 CAD | Total Assessment | $139,579 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$56,920 CAD
Improvements Assessment
$56,920 CAD
Total Assessment
$139,579 CAD
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848-852 S Logan St
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