2860 W 32nd Ave - Apartments FOR SALE


Denver, CO 80211- Highlands
$8,500,000 USD
303-962-9566
2860 W 32nd Ave, Denver, CO for Sale
$8,500,000 USD
Apartments - FOR SALE
1/43
null | 5.54% Cap Rate

2860 W 32nd Ave
Denver, CO 80211
Highlands


HIGHLIGHTS

  • TURN-KEY 37 UNIT APARTMENT COMMUNITY IN THE HEART OF THE HIGHLANDS
  • IDEAL UNIT MIX WITH STUDIOS, ONE AND TWO BEDROOM UNITS
  • GATED COURTYARD WITH SHARED GREENSPACE, COMMUNAL PATIOS AND BIKE STORAGE
  • COVERED AND OFF-STREET PARKING AVAILABLE
  • UPDATED UNITS WITH STAINLESS STEEL APPLIANCES
  • EXTENSIVE UPGRADES TO THE SYSTEMS OF THE BUILDINGS

OVERVIEW

Flats on 32nd is a fully renovated 37-unit property in the Highlands. The property consists of 10 Studios, 5 Ones and 22 Two Bed units. The property has been meticulously maintained by current ownership and the building features, covered and gated parking along with newer windows and the majority of the plumbing has been replaced.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$353 USD /SF

# OF UNITS

37

PRICE/UNIT

$229,730

CAP RATE

5.54%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Flats on 32nd

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1961

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,828 SF

ZONING

R-3

APN/PARCEL ID

2294-04-012

ASK ABOUT THIS PROPERTY

Chris KnowltonPinnacle Real Estate AdvisorsMore Info
303-962-9566

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Chris KnowltonPinnacle Real Estate AdvisorsMore Info
303-962-9566

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