1474 Xenia St - Apartments FOR SALE


Denver, CO 80220- East Colfax
$1,495,000 USD
303-887-4955
1474 Xenia St, Denver, CO for Sale
$1,495,000 USD
Apartments - FOR SALE
1/25
null | 9.23% Cap Rate

1474 Xenia St
Denver, CO 80220
East Colfax


HIGHLIGHTS

  • New roof, gutters, electrical meters, flooring, and bathroom tile throughout.

OVERVIEW

MMG Real Estate Advisors is pleased to present the rare opportunity to acquire a four-property, 94-unit multifamily portfolio in East Denver. The portfolio consists of 1474 Xenia Street (13 units), 1129 Akron Street (13 units), 1205 Yosemite Street (20 units), and 1345–1363 Yosemite Street (48 units). Properties can be purchased together, or separately. All four properties are 90% occupied, located within 1-2 miles of each other in the East Colfax and Lowry submarkets, and share a consistent workforce housing profile with strong in-place income, recent capital improvements, and meaningful value-add upside. Together, they offer an investor the scale, operational efficiency, and submarket concentration that individual acquisitions cannot replicate.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$263 USD /SF

# OF UNITS

13

PRICE/UNIT

$115,000

CAP RATE

9.23%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R3, Denver

APN/PARCEL ID

6041-01-005

ASK ABOUT THIS PROPERTY

303-887-4955

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303-887-4955

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