1725 Race St - Apartments FOR SALE


Denver, CO 80206- City Park West
$960,000 USD
303-962-9567
1725 Race St, Denver, CO for Sale
$960,000 USD
Apartments - FOR SALE
1/25
null | 6.45% Cap Rate

1725 Race St
Denver, CO 80206
City Park West


HIGHLIGHTS

  • Excellent Location in City Park West
  • 6.45% Current CAP Rate
  • Recent Updates Include Newer: Roof, Water Heater, Electrical and Forced Air Furnace
  • (3) Garages and Off-Street Parking Provide Additional Income
  • Two Blocks from City Park & St. Luke’s Presbyterian Hospital
  • Opportunity to Split Large 3Bd/2Ba Unit into Two Units (2Bd/1Ba + 1Bd/1Ba)

OVERVIEW

JUST LISTED! 6 Units in City Park. This vintage property blends historic charm with an unbeatable location in one of Denver’s most desirable neighborhoods. Just 0.4 miles from both St. Luke's Presbyterian Hospital and City Park, the asset offers strong appeal to tenants seeking convenience and walkability. Offered at a 6.45% current CAP rate, the unit mix includes studios, one-bedroom, and three-bedroom apartments.

FOR SALE DETAILS

PRICE

$960,000 USD

PRICE/SF

$241 USD /SF

# OF UNITS

6

PRICE/UNIT

$160,000

CAP RATE

6.45%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1906

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

G-RO-3

APN/PARCEL ID

2355-17-013

ASK ABOUT THIS PROPERTY

Connor KnutsonPinnacle Real Estate AdvisorsMore Info
303-962-9567

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Connor KnutsonPinnacle Real Estate AdvisorsMore Info
303-962-9567

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