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William Penn Apartments 1644 Pennsylvania St 35 Unité Immeuble d’appartements 5 851 315 $ CAD (167 180 $ CAD/Unité) Denver, CO 80203
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Value-Add Opportunity
- Steps to Downtown and 17th Avenue’s “Restaurant Row”
- Ready for Immediate Renovation – Currently Unoccupied
- Location, Location, Location
- Spacious One-Bedroom Floorplans
- Surrounded by new successful multifamily developments
RÉSUMÉ DE L'ANNONCE
*Call for offers deadline is Friday, January 23, 2026*
The William Penn is a value-add opportunity in Denver’s Uptown neighborhood. The property is just a few blocks east of the Central Business District,
and adjacent to 17th Avenue: Denver’s famed Restaurant Row. The building was completely vacated earlier this year and is positioned for immediate renovation.
The attractive 4-story building consists of 35 one-bedroom apartments. These spacious apartments offer functional floor plans, abundant natural light, and many units enjoy stunning views of the downtown skyline.
The renovation scope may include updates to the HVAC systems, roof and elevator, in addition to the apartment finishes. The current electric service is 30 amps to each unit. Building amenities include a bicycle garage, laundry room, storage lockers and onsite manager’s office. The William Penn has a long-standing reputation as an exceptional building and deserves to be restored to its former glory.
INVESTOR REQUIREMENTS
The City and County of Denver successfully sought the appointment of a court-appointed receiver to manage the sale and ensure the remediation of the Property. The receiver, in turn, has listed the property for sale with the Johnson-Piretti Team at NorthPeak Commercial Advisors with the intent to sell the property “as-is”.
The successful contract for the property will be subject to court approval. As part of that process, the buyer must negotiate a plan with the City to bring the property into compliance with City and State ordinances and methamphetamine remediation requirements.
The William Penn is a value-add opportunity in Denver’s Uptown neighborhood. The property is just a few blocks east of the Central Business District,
and adjacent to 17th Avenue: Denver’s famed Restaurant Row. The building was completely vacated earlier this year and is positioned for immediate renovation.
The attractive 4-story building consists of 35 one-bedroom apartments. These spacious apartments offer functional floor plans, abundant natural light, and many units enjoy stunning views of the downtown skyline.
The renovation scope may include updates to the HVAC systems, roof and elevator, in addition to the apartment finishes. The current electric service is 30 amps to each unit. Building amenities include a bicycle garage, laundry room, storage lockers and onsite manager’s office. The William Penn has a long-standing reputation as an exceptional building and deserves to be restored to its former glory.
INVESTOR REQUIREMENTS
The City and County of Denver successfully sought the appointment of a court-appointed receiver to manage the sale and ensure the remediation of the Property. The receiver, in turn, has listed the property for sale with the Johnson-Piretti Team at NorthPeak Commercial Advisors with the intent to sell the property “as-is”.
The successful contract for the property will be subject to court approval. As part of that process, the buyer must negotiate a plan with the City to bring the property into compliance with City and State ordinances and methamphetamine remediation requirements.
FAITS SUR LA PROPRIÉTÉ
| Prix | 5 851 315 $ CAD | Classe d’immeuble | C |
| Prix par unité | 167 180 $ CAD | Taille du lot | 0,22 AC |
| Type de vente | Investissement | État de la construction | En cours de rénovation |
| Nombre d’unités | 35 | Taille du bâtiment | 24 660 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 100% |
| Sous-type de propriété | Appartement | Nombre d’étages | 4 |
| Style d’appartement | De hauteur moyenne | Année de construction/rénovation | 1956/2025 |
| Zonage | C-MX | ||
| Prix | 5 851 315 $ CAD |
| Prix par unité | 167 180 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 35 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Taille du lot | 0,22 AC |
| État de la construction | En cours de rénovation |
| Taille du bâtiment | 24 660 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 4 |
| Année de construction/rénovation | 1956/2025 |
| Zonage | C-MX |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Espace d'entreposage
- Ventilateurs de plafond
- Planchers de bois franc
- Réfrigérateur
- Four
- Fourchette
COMMODITÉS DU SITE
- Installations de lessive
- Gestionnaire d'immeuble sur place
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 35 | - | 511 |
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Walk Score®
Un paradis pour un marcheur (95)
Transit Score®
Excellent transport en commun (77)
Bike Score®
Un paradis pour un cycliste (97)
Impôts fonciers
| Numéro de lot | 2349-20-032 | Évaluation des bâtiments | 532 864 $ CAD |
| Évaluation du terrain | 172 859 $ CAD | Évaluation totale | 705 723 $ CAD |
Impôts fonciers
Numéro de lot
2349-20-032
Évaluation du terrain
172 859 $ CAD
Évaluation des bâtiments
532 864 $ CAD
Évaluation totale
705 723 $ CAD
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William Penn Apartments | 1644 Pennsylvania St
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