1329 Grant St - Apartments FOR SALE


Denver, CO 80203- Capitol Hill
$3,950,000 USD
720-738-1949
1329 Grant St, Denver, CO for Sale
$3,950,000 USD
Apartments - FOR SALE
1/14
null | 5.66% Cap Rate

1329 Grant St
Denver, CO 80203
Capitol Hill


HIGHLIGHTS

  • Beautifully maintained vintage property in heart of Capitol Hill
  • Original hardwood floors and wood trim in most units
  • Excellent value-add potential through targeted renovations
  • Newer vinyl windows and renovated common areas
  • Prime location less than one block from the Colorado State Capitol

OVERVIEW

The Adams at Grant presents a rare opportunity to acquire a classic, well-maintained vintage apartment building in the heart of Denver’s Capitol Hill neighborhood. Less than a block away from the Colorado State Capitol and walking distance to some of the city’s best dining, nightlife and cultural attractions. Each of the 34 studio apartments offer a blend of historic charm and practical features that appeal to today’s renters. Residents enjoy original hardwood and tile flooring, spacious walk-in closets, abundant natural light, and the timeless architectural details that define pre-war construction. Recent capital improvements include newer vinyl windows, renovated common hallways, and an on-site laundry facility for resident convenience. With its irreplaceable location, enduring architectural appeal, and stable tenant demand driven by the surrounding employment base, The Adams at Grant is well-positioned for continued rent growth. A value-add investor has the opportunity to unlock significant upside through targeted in-unit renovations, further enhancing revenue while preserving the building’s historic character.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$303 USD /SF

# OF UNITS

34

PRICE/UNIT

$116,176

CAP RATE

5.66%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Adam Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C-MX-8

APN/PARCEL ID

5033-18-021

ASK ABOUT THIS PROPERTY

Austin BengfordNorthPeak Commercial AdvisorsMore Info
720-738-1949

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Austin BengfordNorthPeak Commercial AdvisorsMore Info
720-738-1949

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