1877 South Federal Boulevard, Denver, CO 80219

$3,250,000
1
BD
1
BA
16,944
SqFt
List Price
$3,250,000
Type
Multifamily
Status
ACTIVE
MLS Number
7466578
Total # of Units
24
Total Sqft
16,944
Finished Sqft
16944
Sub-Area
Jefferson Park
Year Built
1962

Property Description

Excellent investment opportunity located just five blocks south of the new $37MM Denver Health Clinic. 100% leased & cash flowing 24-unit apartment building comprised of 1BD/1BA units that have all been renovated within the last three years. Building set to gross roughly $260k this year in one of the Denver area's best locations for rent growth. Opportunity for loan assumption at 3.99%. Ask listing agent for details. Link to full OM: http://hornsteinfetter.listinglab.com/TangiersApartments2019

Additional Information

Proj. Ann. Income
276770
Act. Ann. Income
264106
Act. Ann. Expense
69081
Proj. Ann. Expense
69841
School District
Denver 1
Elementary School
Johnson
Middle School
Kepner
High School
Abraham Lincoln
Community Parking
Off-Street: 24
Parking Type
Off-Street
Parking Spaces
24
Community Parking
Off-Street: 24
Parking Type
Off-Street
Basement Size
None
Zoned
S-MX-3
Lot Size
15,625
Acres
0.36
Roofing Material
Membrane
Contstruction
Brick
Taxes
$9,066
Tax Year
2018
Financial Terms
Cash, Conventional, Exchange

Courtesy of Pinnacle Real Estate Advisors

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Calculator source: Real Geeks

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