2200-2216 S Cherry St - Apartments FOR SALE


Denver, CO 80222- University Hills
$2,280,000 USD
303-645-4785
2200-2216 S Cherry St, Denver, CO for Sale
$2,280,000 USD
Apartments - FOR SALE
1/22
null | 5.65% Cap Rate

2200-2216 S Cherry St
Denver, CO 80222
University Hills


HIGHLIGHTS

  • Fully renovated 4-unit property with luxury, condo-quality finishes
  • Each unit features 3 beds / 2 baths, ideal for high-demand renters
  • Flexible investment: short-term or long-term rental income
  • Prime Denver location near dining, retail, parks, and transit

OVERVIEW

Located in the heart of Denver, 2200 S Cherry is a fully renovated property offering four luxurious 3-bedroom, 2-bathroom units with high-end, condo-quality finishes. Designed with flexibility in mind, the property is ideal for investors seeking either short term rental income or stable, long-term leases in a desirable urban area. 2200 S Cherry is situated in a prime location close to restaurants, retail, and parks, with easy access to public transportation. Its proximity to downtown Denver and popular neighborhoods increases its appeal for both residents and visitors. With Denver’s growing population and demand for high-quality rental units, 2200 S Cherry offers strong appreciation potential and competitive returns, especially with its dual leasing options. This flexibility can help investors adjust to changing market conditions, optimizing occupancy and income. This property is ideal for investors aiming to diversify their portfolio with a premium multifamily asset in a thriving market.

FOR SALE DETAILS

PRICE

$2,280,000 USD

PRICE/SF

$406 USD /SF

# OF UNITS

4

PRICE/UNIT

$570,000

CAP RATE

5.65%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

E-SU-DX

APN/PARCEL ID

6302-09-025

ASK ABOUT THIS PROPERTY

Elliott PolanchyckUnique Properties, Inc.More Info
303-645-4785

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Elliott PolanchyckUnique Properties, Inc.More Info
303-645-4785

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