3525 S Bannock St - Apartments FOR SALE


Englewood, CO 80110
$1,725,000 USD
720-628-2735
3525 S Bannock St, Englewood, CO for Sale
$1,725,000 USD
Apartments - FOR SALE
1/48
null | 5.41% Cap Rate

3525 S Bannock St
Englewood, CO 80110


HIGHLIGHTS

  • Location close to Swedish Hospital and walking distance to many amenities
  • Units are updated, light and bright, with electronic access and a private parking lot for tenants
  • Fully rented in a safe neighborhood with recent updates

OVERVIEW

Ideal for 1031 Exchange Buyers | Fully Leased, Cash-Flowing 6-Unit in Prime Englewood Location Discover a unique investment opportunity in the heart of Englewood, CO—a meticulously maintained, cash-flow positive 6-unit apartment building with no current vacancies. Whether you're a seasoned investor or in the middle of a 1031 exchange, this turnkey property offers immediate income and long-term upside. Each unit is a modern 1-bedroom, 1-bathroom home that has been recently renovated to offer a comfortable, low-maintenance living experience. The property features: Modern Interiors – Each apartment includes hardwood floors, a full kitchen, and its own A/C unit, combining the best of one-bedroom and studio styles for a bright and efficient layout. Inclusive Amenities – Rent currently covers heat, water, and hot water, creating a hassle-free experience for tenants and simplified operations for the owner. Dedicated Parking – Each unit includes a reserved parking spot in the rear lot. Onsite Facilities – Enjoy coin laundry (soon transitioning to card-operated), a shared courtyard, and a pet-friendly lawn. Smart Technology & Security – Units are equipped with smart locks, and the building will soon feature upgraded access control, allowing tenants to buzz in guests and deliveries from their phones. Location Highlights: - Just one mile to Swedish Medical Center - Under one mile to light rail, with direct access to downtown Denver's restaurants, concerts, and sporting events - Surrounded by grocery stores, restaurants, and a growing number of local breweries along Broadway - Walkable, bikeable, and commuter-friendly Recent Upgrades Include: New roof and sewer line, offering peace of mind and strong long-term value Whether you're looking to reinvest capital gains through a 1031 exchange or expand your portfolio with a stable, income-producing asset, the Bannock St. Apartments offer the rare combination of modern amenities, consistent returns, and prime location. Please note: 24 hours’ notice and proof of funds required for all showings, as the property is fully leased.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$363 USD /SF

# OF UNITS

6

PRICE/UNIT

$287,500

CAP RATE

5.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

South Bannock Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1948

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

MU-R-3-B, Englewood

APN/PARCEL ID

2077-03-2-02-029

ASK ABOUT THIS PROPERTY

Katie FredrickLIV Sotheby's International RealtyMore Info
720-628-2735

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Katie FredrickLIV Sotheby's International RealtyMore Info
720-628-2735

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