1379 Detriot St - Apartments FOR SALE


Denver, CO 80206- Congress Park
$1,600,000 USD
720-837-5541
1379 Detriot St, Denver, CO for Sale
$1,600,000 USD
Apartments - FOR SALE
1/26
null | 4.76% Cap Rate

1379 Detriot St
Denver, CO 80206
Congress Park


HIGHLIGHTS

  • Significant Rental Upside
  • Unrenovated Units
  • Proven Renovation Premiums
  • Premier Congress Park Address
  • Exceptional Walkability & Access to Public Transportation
  • Proximity to Cultural Landmarks

OVERVIEW

Henry Group Real Estate is pleased to present for sale this 10-unit multifamily asset in the high-demand Congress Park neighborhood. The building features 9 one-bed/one-bath units and 1 two-bed/one-bath unit, offering a stable unit mix with strong rental appeal. Separately metered for electricity, the property presents immediate cash flow with value-add upside through interior renovations or rent optimization. Walking distance to Colfax, City Park, and public transit—ideal for long-term hold or repositioning strategy. Please visit here for more information: https://henrygroupre.com/properties/?propertyId=1503552-sale

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$292 USD /SF

# OF UNITS

10

PRICE/UNIT

$160,000

CAP RATE

4.76%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Adaline Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,229 SF

ZONING

U-RH-3A

APN/PARCEL ID

5012-16-022

ASK ABOUT THIS PROPERTY

Amanda TompkinsHenry Group, LLCMore Info
720-837-5541

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Amanda TompkinsHenry Group, LLCMore Info
720-837-5541

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