2855 N Harrison St - Apartments FOR SALE


Denver, CO 80205- Skyland
$1,600,000 USD
303-962-9567
2855 N Harrison St, Denver, CO for Sale
$1,600,000 USD
Apartments - FOR SALE
1/21
null | 6.62% Cap Rate

2855 N Harrison St
Denver, CO 80205
Skyland


HIGHLIGHTS

  • Two, Single Story Brick Buildings with Pitched Roofs
  • 6.62% Current CAP Rate
  • Individually Metered for Gas & Electric
  • Covered Land Play Opportunity on Large 0.57 Acre Lot
  • Zoning Allows Flexibility in Residential Form, Permitting Urban Houses, Duplexes, Townhomes, Among Others
  • Strong Neighborhood Demographics: $123,271 Average Household Income Within 1 Mile Radius

OVERVIEW

JUST LISTED! 10 units in Denver with a 6.62% current CAP rate. Walking distance to City Park, Denver Zoo, and the Denver Museum of Nature and Science. This property sits on a large 0.5-acre lot, offering a covered land play opportunity. Zoning provides flexibility for residential development, including urban houses, duplexes, townhomes, garden court developments, small apartment buildings, and accessory dwelling units (ADUs), all within a 2.5-story height limit. Can be purchased with 2875 N Harrison Street.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$239 USD /SF

# OF UNITS

10

PRICE/UNIT

$160,000

CAP RATE

6.62%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

25,003 SF

ZONING

R2, Denver

APN/PARCEL ID

2254-25-047

ASK ABOUT THIS PROPERTY

Connor KnutsonPinnacle Real Estate AdvisorsMore Info
303-962-9567

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Connor KnutsonPinnacle Real Estate AdvisorsMore Info
303-962-9567

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