1600 Yates St - Apartments FOR SALE


Denver, CO 80204- Sloan Lake
$1,675,000 USD
303-547-4561
1600 Yates St, Denver, CO for Sale
$1,675,000 USD
Apartments - FOR SALE
1/10
null | 6.28% Cap Rate

1600 Yates St
Denver, CO 80204
Sloan Lake


OVERVIEW

Excellent income producing 5 unit property, located in the Hottest spot in Denver. Sloan's Lake and surrounding neighborhoods have it all. Great bars, restaurants, breweries, paddle boarding, views, and festivals. One block south from the Lake and park. Blocks away from 17th St, Sheridan Blvd, Colfax Ave Bus Routes, and 12th/Sheridan Light Rail Station. Quick Highway access to Downtown or the Mountains. Quality updated midsized apartments with granite counters, rich stain grade cabinets, and low maintenance luxury vinyl tile flooring. Currently offered at a 6.28% CAP Rate. Great Value Add Investment with room for contemporary finishes and updated rents. Avoid Commercial Balloon Financing and Contact Eduard Sagily with Opulence Lending Group -720-440-4029-sagilyane@oplendinggroup.com, for excellent 30 year fixed rate DSCR options. 20% Down, no required W2's, Competitive Rates, No Personal Income Verification, LLC Ownership Allowed for qualified Buyers. Title to be transferred in Special Warranty Deed. All information deemed reliable but not guaranteed. Buyer and Buyer's Agent to verify SQFT, schools, zoning, and all other info relevant to Buyer.

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$306 USD /SF

# OF UNITS

5

PRICE/UNIT

$335,000

CAP RATE

6.28%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

U-RH-3A

APN/PARCEL ID

2313-05-004

ASK ABOUT THIS PROPERTY

Eddie RodriguezRealty One GroupMore Info
303-547-4561

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Eddie RodriguezRealty One GroupMore Info
303-547-4561

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