630 E 16th Ave - Apartments FOR SALE


Denver, CO 80203- Uptown Denver
$5,900,000 USD
303-962-9566
630 E 16th Ave, Denver, CO for Sale
$5,900,000 USD
Apartments - FOR SALE
1/30
null | 5.03% Cap Rate

630 E 16th Ave
Denver, CO 80203
Uptown Denver


HIGHLIGHTS

  • Historic landmark property in Denver’s Capitol Hill neighborhood, fully renovated in 2018.
  • Unique unit mix featuring large studios, one-bedroom, and two-bedroom layouts.
  • Updated interiors with high-end finishes, in-unit washers and dryers, and select private balconies.
  • Walkable access to parks, dining, entertainment, and cultural destinations.
  • Strong submarket fundamentals with consistent rent growth and high renter demand.
  • Off-street parking and modernized building systems for operational efficiency.

OVERVIEW

The Essex Apartments present a rare opportunity to acquire a fully renovated, landmark-designated 20-unit community in Denver’s highly desirable Uptown/Capitol Hill neighborhood. Originally constructed in 1907 and comprehensively modernized in 2018, the property blends historic architectural character with contemporary interior finishes, creating a distinctive and elevated living experience.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$391 USD /SF

# OF UNITS

20

PRICE/UNIT

$295,000

CAP RATE

5.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Essex Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1907

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,426 SF

ZONING

G-RO-3

APN/PARCEL ID

2349-24-020

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.