1532-1536 N York St - Apartments FOR SALE


Denver, CO 80206- City Park
$2,300,000 USD
303-773-3399
1532-1536 N York St, Denver, CO for Sale
$2,300,000 USD
Apartments - FOR SALE
1/38
null | 4.59% Cap Rate

1532-1536 N York St
Denver, CO 80206
City Park


HIGHLIGHTS

  • 12-unit, 3-story apartment building in City Park West
  • Unit mix: 4 studios and 8 one-bedroom units
  • Two separate, secured lobby entrances
  • Spacious coin-operated laundry facility in the lower level
  • Carla Madison Rec. Center 1-Block Away!
  • Steps from City Park West, restaurants, and retail

OVERVIEW

CITY PARK WEST APARTMENT PROPERTY 12-Unit Investment Opportunity Located in the highly desirable City Park West neighborhood, this well-maintained 12-unit apartment building offers an attractive blend of classic character and thoughtful updates in a premier urban setting. The three-story property features a desirable unit mix of 4 studios and 8 one-bedroom residences, appealing to a broad tenant base. This 12-unit complex was originally constructed in 1909 as an "in-law duplex." A few decades later, each side of the duplex was thoughtfully converted from a private residence into 6 apartments. Original woodwork and period based design elements have been preserved. Tenants are attracted to the building's charming vintage architecture and central location in the heart of the city. Denver is well known for its food scene and recreation. The building has the best of both: adjacent to great restaurants and is just blocks to a golf course, parks, and an amazing rec center. Across the property, units feature well-equipped kitchens, ¾ or full bathrooms, and large windows that flood the interiors with natural light. The overall aesthetic seamlessly blends historic character with modern updates. The lower level includes a spacious coin- operated laundry facility, along with two separate boiler rooms serving each side of the building. Additional amenities include off-street parking located at the rear of the property. Ideally positioned just steps from City Park West, residents enjoy immediate access to neighborhood restaurants, retail, and everyday conveniences, with easy connectivity to Downtown Denver and Cherry Creek. This property presents a compelling opportunity in one of Denver’s most sought-after rental markets.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$447 USD /SF

# OF UNITS

12

PRICE/UNIT

$191,667

CAP RATE

4.59%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

York Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C-MS

APN/PARCEL ID

2363-09-015

ASK ABOUT THIS PROPERTY

Kyle MalnatiKentwood CommercialMore Info
303-773-3399

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

Kyle MalnatiKentwood CommercialMore Info
303-773-3399

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