2301-2395 W Virginia Ave - Apartments FOR SALE


Denver, CO 80223- Athmar Park
$10,500,000 USD
720-939-2943
2301-2395 W Virginia Ave, Denver, CO for Sale
$10,500,000 USD
Apartments - FOR SALE
1/28
null | 5.72% Cap Rate

2301-2395 W Virginia Ave
Denver, CO 80223
Athmar Park


HIGHLIGHTS

  • Great Location Close to Downtown Denver
  • Stunning Downtown Denver Views
  • Updated Kitchens & Bathrooms
  • Separate Electric Meters (Panels updated in 2017)
  • One Parking Space per Unit

OVERVIEW

2301-2395 W. Virginia Avenue (The Powderhorn Apartments) is a 6 building, 51-unit apartment community located in Denver, CO. The property includes 18-1Br/1Ba units and 33-2Br/1Ba units. There are six laundry rooms, boilers and roofs. The electrical panels were all updated in 2017. The properties were built in 1972 and are located on 1.76-acre lot. The site is in a quiet residential neighborhood and is the highest quality multifamily community in the immediate area and includes stunning views of Downtown Denver.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$245 USD /SF

# OF UNITS

51

PRICE/UNIT

$205,882

CAP RATE

5.72%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Powderhorn Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,560 SF

ZONING

E-MU

APN/PARCEL ID

5162-00-016

ASK ABOUT THIS PROPERTY

Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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