2140 S Ash St - Multi-Family FOR SALE


Denver, CO 80222- University Hills
$2,450,000 USD
720-738-1943
2140 S Ash St, Denver, CO for Sale
$2,450,000 USD
Multi-Family - FOR SALE
1/25
null | 5.81% Cap Rate

2140 S Ash St
Denver, CO 80222
University Hills


HIGHLIGHTS

  • 5 rent-ready new construction townhomes
  • Each unit separately deeded for future resale options
  • Units already achieving year 1 stabilized rent projections
  • Fully electric LEED Gold and Energy Star certified
  • Rooftop decks, fireplaces, quartz countertops, stainless steel appliances, private garages

OVERVIEW

2140 S Ash St. presents a rare opportunity to acquire a new construction townhome development in the highly desirable University Hills neighborhood. Comprising five individually deeded, three-story townhomes built in 2024, this property offers exceptional flexibility for a buyer to operate as apartment rentals or to sell units individually in the future. The development features four 2bed/2bath units and one 2bed/2.5bath + office, each boasting a private one-car garage and separately metered utilities (electric and water). The building is fully electric, LEED Gold certified, and Energy Star certified, ensuring not only energy efficiency and lower operating costs but also full compliance with the Energize Denver ordinance. Each unit is further enhanced by a spacious 650 SF rooftop deck, providing stunning views of the Rocky Mountains and the Denver skyline. Its prime location offers convenient access to the University of Denver (DU) campus and instant connectivity to I-25, making it an attractive prospect for both residents and investors.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$372 USD /SF

# OF UNITS

5

PRICE/UNIT

$490,000

CAP RATE

5.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Hunter SchaeferNorthPeak Commercial AdvisorsMore Info
720-738-1943

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Hunter SchaeferNorthPeak Commercial AdvisorsMore Info
720-738-1943

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