115 S 18th Ave - Apartments FOR SALE


Brighton, CO 80601
$1,020,000 USD
303-990-4361
115 S 18th Ave, Brighton, CO for Sale
$1,020,000 USD
Apartments - FOR SALE
1/5
null | 3.58% Cap Rate

115 S 18th Ave
Brighton, CO 80601


HIGHLIGHTS

  • Prime Location with Direct Access to Metro Denver Growth
  • Established Employment Base with Regional Job Connectivity
  • Significant Value- Add Opportunity
  • Ideal Unit Mix and Easy Management
  • Immediate Upside with Month-to- Month Leases and Vacant Units
  • Available Individually or as Part of a Larger Portfolio; Contact Broker for Other Opportunities

OVERVIEW

MMG Real Estate Advisors is pleased to present the opportunity to acquire 115 South 18th Avenue, a six-unit multifamily property located in Brighton, Colorado—one of the fastest-growing communities in the Denver metro. Just 25 minutes from Downtown Denver and 20 minutes from DIA, the property offers direct access to major employment hubs via Highway 85 and E-470. Brighton continues to attract residents with its revitalized downtown, strong school system, and expanding retail options. The asset features a desirable unit mix and manageable scale, offering ease of operations and steady tenant demand. With strong structural fundamentals in place, investors can unlock immediate value through strategic interior upgrades and sewer line repairs. This offering presents a rare chance to capitalize on 3 both near-term rental upside and long-term regional growth.

FOR SALE DETAILS

PRICE

$1,020,000 USD

PRICE/SF

$204 USD /SF

# OF UNITS

6

PRICE/UNIT

$170,000

CAP RATE

3.58%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R-3, Brighton

APN/PARCEL ID

1569-08-2-04-051

ASK ABOUT THIS PROPERTY

303-990-4361

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303-990-4361

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