705 Moore St - Apartments FOR SALE


Denver, CO 80215
$935,000 USD
925-989-8930
705 Moore St, Denver, CO for Sale
$935,000 USD
Apartments - FOR SALE
1/15
null | 5.46% Cap Rate

705 Moore St
Denver, CO 80215


HIGHLIGHTS

  • Extensive recent capital expenditures: Roof & gutters (2026), boiler & hot water heater (2023), landscaping & irrigation (2024), replaced GE electical
  • Separately metered electric with tenants paying directly
  • Private patios or balconies for each unit
  • Laundry on-site for tenants
  • Premium landscaping for elevated feel and better tenant retention

OVERVIEW

705 Moore Street is a clean 4-unit brick multifamily building situated in a quiet residential pocket of Lakewood, Colorado. Built in 1961, the property consists entirely of 2-bedroom/1-bathroom units, offering spacious and functional floor plans well-suited to the area’s renter demand. The property sits on a spacious 9,038 square foot lot with well-manicured landscaping and a private feel that distinguishes it from larger apartment communities. Ground-floor units feature private patios that open directly to the fenced yard and upper-floor units feature private balconies, adding a lifestyle amenity that supports tenant retention and market-rate rents. The property is 100% occupied and largely turn-key, having benefited from a concentrated period of capital investment. A new roof and gutters were completed in 2026, a new boiler and hot water heater were installed in 2023-22, and a new irrigation system and landscaping were completed in 2024. New electrical panels have been installed and half of the plumbing has been fully replaced. Two and a half units have been fully renovated. The building is separately metered for electric while other utilities are billed back to tenants. This investment is well suited for the passive investor who wants little to no deferred maintenance on day 1 of ownership with cash flow, or an owner occupant who wants to live in a unit.

FOR SALE DETAILS

PRICE

$935,000 USD

PRICE/SF

$217 USD /SF

# OF UNITS

4

PRICE/UNIT

$233,750

CAP RATE

5.46%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,039 SF

ZONING

-

APN/PARCEL ID

49-044-17-011

ASK ABOUT THIS PROPERTY

Hunter SchaeferNorthPeak Commercial AdvisorsMore Info
925-989-8930

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Hunter SchaeferNorthPeak Commercial AdvisorsMore Info
925-989-8930

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