1638 N High St - Apartments FOR SALE


Denver, CO 80218- City Park West
$1,050,000 USD
720-738-1949
1638 N High St, Denver, CO for Sale
$1,050,000 USD
Apartments - FOR SALE
1/14
null | 4.26% Cap Rate

1638 N High St
Denver, CO 80218
City Park West


OVERVIEW

Value-add opportunity in Uptown Denver! 1638 High Street presents an exceptional opportunity to acquire a five-unit apartment building in Denver’s highly desirable Uptown neighborhood. Situated on the same block as 17th Avenue’s “Restaurant Row”, the property offers immediate access to some of the city’s best dining, nightlife and entertainment options. Comprised of five spacious one-bedroom apartments, most of which are exceed the average unit size for the area, the building provides an ideal canvas for a value-add investment. With only minor cosmetic upgrades, a new owner can substantially increase rents, maximizing the property’s income potential. Recent capital improvements include newer vinyl windows and a new water service line. This is a prime opportunity to acquire a well-located, character-rich asset with significant upside potential in one of Denver’s most sought-after rental markets.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$305 USD /SF

# OF UNITS

5

PRICE/UNIT

$210,000

CAP RATE

4.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1898

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,650 SF

ZONING

G-RO-3

APN/PARCEL ID

2355-26-006

ASK ABOUT THIS PROPERTY

Austin BengfordNorthPeak Commercial AdvisorsMore Info
720-738-1949

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Austin BengfordNorthPeak Commercial AdvisorsMore Info
720-738-1949

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