204-214 W Ellsworth Ave - Apartments FOR SALE


Denver, CO 80223- Baker
$1,300,000 USD
406-531-4246
204-214 W Ellsworth Ave, Denver, CO for Sale
$1,300,000 USD
Apartments - FOR SALE
1/10
null | 5.04% Cap Rate

204-214 W Ellsworth Ave
Denver, CO 80223
Baker


HIGHLIGHTS

  • Side-by-side layout
  • Each unit has its own front and back entrance
  • Separately metered for gas & electricity
  • Ample storage for tenants
  • Shared laundry facility
  • New electric panels installed in each unit

OVERVIEW

Baker 6 is a turn-key 6-unit apartment building located in the heart of Denver’s vibrant Baker neighborhood. This 6-unit apartment building, situated on a 6,250 SF lot, features a total of 2,728 SF and was originally constructed in 1954. Building is composed of 6 - 1Bd/1Ba units thoughtfully designed in a side-by-side layout, offering individual front and rear entrances and identical layouts. The property has been extensively renovated in recent years with modern interior finishes, including quartz countertops, stainless steel appliances, updated flooring, and contemporary cabinetry. Each unit is equipped with a wall-mounted gas furnace, and the property is separately metered for both gas and electricity. Additionally, each unit features new electric panels. Tenants enjoy access to a shared laundry facility, generous storage spaces, and direct access to the adjacent Dailey Park. With U-RH-2.5 zoning, the property offers long-term flexibility for investors. Located just blocks from the bustling South Broadway retail corridor and minutes from Downtown Denver, Baker 6 combines strong in-place income with significant location upside. This is a well-maintained, professionally upgraded asset offering immediate cash flow in one of Denver’s most enduring and sought-after rental submarkets.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$394 USD /SF

# OF UNITS

6

PRICE/UNIT

$216,667

CAP RATE

5.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

U-RH-2.5

APN/PARCEL ID

5103-17-066

ASK ABOUT THIS PROPERTY

Dan HawthorneNorthPeak Commercial AdvisorsMore Info
406-531-4246

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Dan HawthorneNorthPeak Commercial AdvisorsMore Info
406-531-4246

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