2139-2151 Lafayette St - Apartments FOR SALE


Denver, CO 80205- City Park West
$1,950,000 USD
303-594-3252
2139-2151 Lafayette St, Denver, CO for Sale
$1,950,000 USD
Apartments - FOR SALE
1/34
null | 4.84% Cap Rate

2139-2151 Lafayette St
Denver, CO 80205
City Park West


HIGHLIGHTS

  • Prime Whittier / Uptown Location
  • Significant Upside to Market Rents
  • Strong Denver Market Fundamentals & Area Growth
  • Efficient, Low-Complexity Operations

OVERVIEW

MMG Real Estate Advisors is pleased to present the opportunity to acquire 2139-2151 Lafayette Street, a 13-unit multifamily property located in Denver's sought-after Whittier neighborhood. Built in 1930, the asset sits on an established residential street with immediate walkable access to Uptown's restaurant row, Cheesman Park, and the 17th Avenue corridor. With rents in older Denver stock frequently running below current market, the property presents a clear value-add opportunity through targeted renovations and unit upgrades upon turnover. Denver continues to rank among the nation's top-performing multifamily markets, supported by population growth, a diversified employment base, and limited new supply in established infill neighborhoods — dynamics that have driven sustained rent appreciation across Whittier and Uptown. At 13 units, the property is optimally sized for lean, owner-friendly management: large enough to benefit from economies of scale, yet small enough to operate without dedicated on-site staff or complex infrastructure.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$217 USD /SF

# OF UNITS

13

PRICE/UNIT

$150,000

CAP RATE

4.84%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,273 SF

ZONING

R-4

APN/PARCEL ID

2353-03-016

ASK ABOUT THIS PROPERTY

Sam BretzMMGMore Info
303-594-3252

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

Sam BretzMMGMore Info
303-594-3252

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