127 N Pearl St 6 Unité Immeuble d’habitation offert à 2 040 765 $ CAD à un 3,89% taux de capitalisation Denver, CO 80203

Centennial Advisers brings to market 127 North Pearl Street in Denver, a clear value-add opportunity positioned within the highly desirable Speer neighborhood. This 3,750 SF, 6-unit multi-family asset offers an exceptional combination of physical size advantages, urban connectivity, and significant income-growth potential to achieve a proforma NOI of $78,213 (5.21% Cap Rate).
With a 34.52% projected increase in Net Operating Income, the property delivers a proven pathway to value creation through stabilizing occupancy and bringing below-market rents to market levels, ideal for investors focused on immediate operational upside. Operating with a lower-density physical footprint, the property features five 1-bedroom units, one studio unit, and individual utility metering requiring tenant-paid electric.
Located a block and a half off Speer Blvd, this property boasts an exceptional Walk Score of 96, highlighting its prime location within a highly walkable neighborhood. With easy access to pedestrian-friendly streets, the site benefits from consistent foot traffic. Additionally, the property offers a Bike Score of 98, making it ideal for cyclists with nearby bike lanes . Exceptional transportation options are also within reach, including Speer Boulevard, which provides seamless regional connectivity to Downtown Denver and Cherry Creek.
Backed by a high-income demographic profile where 51% of households earn over $75,000 annually, the property offers a dependable platform for long-term occupancy and continued income growth.
127 North Pearl Street stands out as a compelling opportunity for an investor seeking a centrally located, value-add multi-family asset with both immediate utility and strong future upside in a growing Denver market.