1351 Xenia St - Apartments FOR SALE


Denver, CO 80220- East Colfax
$2,000,000 USD
303-962-9566
1351 Xenia St, Denver, CO for Sale
$2,000,000 USD
Apartments - FOR SALE
1/25
null | 6.75% Cap Rate

1351 Xenia St
Denver, CO 80220
East Colfax


HIGHLIGHTS

  • WELL-MAINTAINED 18 UNIT PROPERTY IN EAST DENVER
  • SIGNIFICANT CAPITAL IMPROVEMENTS COMPLETED DURING CURRENT OWNERSHIP
  • LARGE, PRIVATE BALCONIES FOR SELECT UNITS
  • PRICED AT JUST $157/SF AND $111,111/UNIT!!
  • GATED, SECURED ENTRY AND PRIVATE COURTYARD

OVERVIEW

1351 Xenia Apartments is an 18-unit multifamily property located in East Denver. Positioned between Rose Medical Center and the Fitzsimons Medical Campus, the asset is supported by steady rental demand from the surrounding healthcare and employment hubs. The building has been well-maintained and features a mix of studios and one bedroom units. 1351 Xenia has undergone significant exterior improvements along with interior updates to many of the units. The property offers off-street parking, on-site laundry, a gated courtyard, and private balconies for select units.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

18

PRICE/UNIT

$111,111

CAP RATE

6.75%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1961

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

G-MU-5

APN/PARCEL ID

6041-15-014

ASK ABOUT THIS PROPERTY

Chris KnowltonPinnacle Real Estate AdvisorsMore Info
303-962-9566

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

Chris KnowltonPinnacle Real Estate AdvisorsMore Info
303-962-9566

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