640 Jessup St - Apartments FOR SALE


Brighton, CO 80601
$998,000 USD
303-990-4361
640 Jessup St, Brighton, CO for Sale
$998,000 USD
Apartments - FOR SALE
1/12
null | 5.13% Cap Rate

640 Jessup St
Brighton, CO 80601


HIGHLIGHTS

  • Proven Rental Upside & Expense Recapture Opportunity
  • Prime Location with Direct Access to Metro Denver Growth
  • Established Employment Base with Regional Job Connectivity
  • Spacious Unit Layouts with Convenient Tenant Amenities
  • Value-Add Plan with Long-Term Growth Fundamentals

OVERVIEW

MMG Real Estate Advisors is pleased to present the opportunity to acquire 640 Jessup Street, a multifamily investment property located in Brighton, Colorado. Brighton is one of the fastest-growing communities in the Denver metro, offering investors direct access to major employment corridors, strong rental demand, and long-term appreciation potential driven by population growth and regional infrastructure expansion. The property presents a compelling value-add opportunity through loss-to-lease recapture, interior renovation upside, and a RUBS implementation opportunity on currently master-metered utilities, positioning future ownership to capture meaningful operational gains in a supply-constrained suburban market.

FOR SALE DETAILS

PRICE

$998,000 USD

PRICE/SF

$175 USD /SF

# OF UNITS

7

PRICE/UNIT

$142,571

CAP RATE

5.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,800 SF

ZONING

R-2

APN/PARCEL ID

1569-07-4-05-009

ASK ABOUT THIS PROPERTY

303-990-4361

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

303-990-4361

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