1060 Logan St - Apartments FOR SALE


Denver, CO 80203- Capitol Hill
$4,000,000 USD
720-738-1671
1060 Logan St, Denver, CO for Sale
$4,000,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

1060 Logan St
Denver, CO 80203
Capitol Hill


HIGHLIGHTS

  • Full 100 Amp Electrical Update Completed in 2021
  • Stunning Vintage Apartments Recently Renovated
  • Fully Renovated Common Areas
  • Steps to Downtown, The Capitol Building & an Array of Restaurants
  • Low-Maintenance Property with New Vinyl Windows

OVERVIEW

The Tiffany represents an exceptional opportunity for passive investors looking for a low maintenance property with predictable cash flow. Located just blocks away from Denver’s Central Business District and the iconic State Capitol, this property’s location also offers unparalleled access to the city’s vibrant cultural scene, dining establishments, and recreational activities, and makes it a highly desirable home for tenants and a lucrative investment for owners. This remarkable property has undergone extensive renovation over the past four years, transforming it into a modern and inviting space that is ideal for generating predictable cash flow with minimal management hassle. Each of the 31 units has been meticulously renovated, featuring refinished original hardwood flooring that preserves the building’s historical charm alongside contemporary upgrades. The brand-new kitchens are equipped with quartz countertops and stainless-steel appliances, providing a sleek and modern aesthetic that appeals to today’s renters. The fully renovated bathrooms deliver a luxurious touch, combining both style and functionality to create an inviting living space. Other upgrades at The Tiffany include newly refreshed common areas, with renovated hallways and laundry facilities that enhance the overall charm and functionality of the building. Additionally, modern amenities such as the installation of vinyl windows and new 100 amp electrical panels ensure energy efficiency and reliability, while promoting tenant satisfaction and reducing maintenance costs. The Tiffany stands as a model of contemporary living infused with classic elegance, making it a standout investment opportunity in the heart of Denver.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$318 USD /SF

# OF UNITS

31

PRICE/UNIT

$129,032

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,450 SF

ZONING

G-MU-5

APN/PARCEL ID

5038-04-002

ASK ABOUT THIS PROPERTY

Greg JohnsonNorthPeak Commercial AdvisorsMore Info
720-738-1671

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Greg JohnsonNorthPeak Commercial AdvisorsMore Info
720-738-1671

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.