3525 S Bannock St - Apartments FOR SALE


Englewood, CO 80110
$1,775,000 USD
720-628-2735
3525 S Bannock St, Englewood, CO for Sale
$1,775,000 USD
Apartments - FOR SALE
1/48
null | 5.26% 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

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. Each unit is a modern 1-bedroom, 1-bathroom home that has been recently renovated to offer a comfortable, turnkey living experience. This property features: - Modern Interiors - Each apartment boasts hardwood floors, a full kitchen, and its own A/C unit, blending the best of one-bedroom and studio styles for a bright and efficient layout. - Inclusive Amenities: Rent currently covers heat, water, and hot water, ensuring a hassle-free experience for tenants. - Convenient Parking: Each unit benefits from an open parking spot in a reserved lot behind the building. - Onsite Facilities: Enjoy the convenience of coin laundry (soon transitioning to card-operated) along with a welcoming courtyard and pet-friendly lawn. - Enhanced Security & Technology: Equipped with smart locks and soon-to-be-installed technology-enabled access control, the building allows residents to grant entry to friends and deliveries without leaving their apartment. This building is in a prime location! - Proximity to Essentials: Just a mile from Swedish Medical Center and less than a mile from the light rail station, residents have quick access to downtown dining, concerts, and sporting events. - Walkable Community: Grocery stores, restaurants, and a vibrant selection of breweries along Broadway street are all within walking distance. Benefit from peace of mind with a new roof and sewer line, enhancing the property’s long-term value and operational efficiency. Whether you’re an investor seeking a stable, income-generating asset or a visionary looking to continue a legacy of quality rental living, the Bannock St. Apartments offer modern amenities in an unbeatable location. Don't miss this chance to own a property that combines contemporary comfort, robust cash flow, and exceptional convenience in Englewood. Since the building is fully leased seller requires 24 hours notice and proof of funds to show.

FOR SALE DETAILS

PRICE

$1,775,000 USD

PRICE/SF

$374 USD /SF

# OF UNITS

6

PRICE/UNIT

$295,833

CAP RATE

5.26%

% 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.