1458 Gaylord St - Apartments FOR SALE


Denver, CO 80206- Cheesman Park
$1,895,000 USD
925-989-8930
1458 Gaylord St, Denver, CO for Sale
$1,895,000 USD
Apartments - FOR SALE
1/19
null | 5.72% Cap Rate

1458 Gaylord St
Denver, CO 80206
Cheesman Park


HIGHLIGHTS

  • Attractive core location with a walk score of 93
  • Just steps from City Park & St. Joe’s Hospital
  • New roof & exterior paint (2020)
  • Upgraded electrical
  • 6 income producing garages
  • High ceilings with some attractive layouts

OVERVIEW

1458 N Gaylord St. is a 10-unit multifamily investment property. The property features a mix of 1- and 2-bedroom units with high ceilings and some uniquely attractive floorplans. The property sits in a highly desirable core location with a walk score of 93. Tenants enjoy walkability to work and play at City Park, Cheesman Park, and St. Joe’s Hospital. There have been extensive recent improvements including new roof, exterior paint, upgraded electrical, and interior renovations. One value add opportunity is to increase the income from the 6 garages on site. For the right investor, this is a great opportunity to buy in core location that will continue to improve over time.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$246 USD /SF

# OF UNITS

10

PRICE/UNIT

$189,500

CAP RATE

5.72%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1894

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

G-MU-3

APN/PARCEL ID

5021-01-002

ASK ABOUT THIS PROPERTY

Hunter SchaeferNorthPeak Commercial AdvisorsMore Info
925-989-8930

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Hunter SchaeferNorthPeak Commercial AdvisorsMore Info
925-989-8930

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