1601 Park Ave - Apartments FOR SALE


Denver, CO 80218- City Park West
$3,800,000 USD
720-939-2943
1601 Park Ave, Denver, CO for Sale
$3,800,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

1601 Park Ave
Denver, CO 80218
City Park West


HIGHLIGHTS

  • Few minutes from University of Denver
  • Amazing Views of Rocky Mountains
  • Open Floor plan
  • 66% of the total units in the project have already been sold to individual owners.

OVERVIEW

The second package available for sale includes six town homes (6-2Br/2.5Ba). This includes units 212, 213, 214, 215, 216 and 217. All units are adjacent to each other and there are no units above or below these town homes located above the podium parking structure. These units have Aquatherm hot water heat, and this expense is included in HOA dues for town home units only. All of these units are projected to pay $146/monthly utility reimbursement fee and additional $100/monthly fee for per parking space

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$400 USD /SF

# OF UNITS

6

PRICE/UNIT

$633,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Arbory

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,441 SF

ZONING

-

APN/PARCEL ID

2354-16-068,2354-16-075,2354-16-076,2354-16-082,2354-16-086,2354-16-087,2354-16-088,2354-16-089,2354-16-090,2354-16-099,2354-16-102,2354-16-107,2354-16-108,2354-16-111,2354-16-114

ASK ABOUT THIS PROPERTY

Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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