1311-1317 Jasmine St - Apartments FOR SALE


Denver, CO 80220- Montclair
$1,500,000 USD
303-947-3665
1311-1317 Jasmine St, Denver, CO for Sale
$1,500,000 USD
Apartments - FOR SALE
1/28
null | 4.34% Cap Rate

1311-1317 Jasmine St
Denver, CO 80220
Montclair


HIGHLIGHTS

  • Recently Renovated Units with New Roof (2024)
  • Detached Three-Car Garage and Off-Street Parking
  • Units are Separately Deeded
  • Fantastic Montclair Location

OVERVIEW

Don’t miss this rare opportunity to acquire a meticulously maintained four-unit multifamily property located in the heart of Denver, Colorado. Built in 1952, this charming brick building combines timeless character with thoughtful modern updates, offering an attractive investment for both seasoned and first-time multifamily investors. Each of the four spacious units— consisting of a mix of one- and two-bedroom floorplans—has been carefully designed to maximize comfort, functionality, and natural light. Large, expansive windows flood each apartment with sunlight, creating a warm and inviting atmosphere throughout. Residents will appreciate the well appointed kitchens, equipped with modern appliances and conveniences, as well as in-unit washers and dryers—a highly desirable feature for today’s renters. The interiors also feature generous living areas and abundant closet space, offering tenants a practical and enjoyable living experience. Outside, a beautifully landscaped yard provides a tranquil retreat in an urban setting, perfect for relaxing or socializing. Additional amenities include a detached garage and off-street parking—valuable assets in a vibrant and growing city like Denver. Situated on a generous lot and ideally located near retail and neighborhood amenities, the property offers residents walkable access to local restaurants, grocery stores, shopping destinations, and essential services. This ideal blend of residential tranquility and urban convenience makes the property highly attractive to tenants and offers long-term rental stability. Whether you’re seeking stable cash flow or a value-add investment opportunity with upside potential, this well-maintained multifamily asset checks all the boxes. With its prime location, solid construction, and desirable tenant features, this is an exceptional opportunity in Denver’s competitive multifamily market.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$459 USD /SF

# OF UNITS

4

PRICE/UNIT

$375,000

CAP RATE

4.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Karen LandersKentwood CommercialMore Info
303-947-3665

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Karen LandersKentwood CommercialMore Info
303-947-3665

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