853 N Ogden St - Apartments FOR SALE


Denver, CO 80218- Capitol Hill
$1,350,000 USD
303-962-9543
853 N Ogden St, Denver, CO for Sale
$1,350,000 USD
Apartments - FOR SALE
1/37
null | 6.04% Cap Rate

853 N Ogden St
Denver, CO 80218
Capitol Hill


HIGHLIGHTS

  • (4) 1Br/1Ba Units & (2) 1Br/1Ba Units with Dens
  • Garage & Surface Parking Available
  • Desirable Location in The Heart of Capital Hill
  • Newer Electrical Panels and Meters; Newer 120-Gallon Hot Water Heater; New Boiler (2025)
  • Recently Renovated Units with Outdoor Amenities
  • Recently Implemented a Utility Billback System

OVERVIEW

Introducing 853 N. Ogden Street – an attractive six-unit apartment building in the heart of the Capitol Hill. The property consists of (4) 1Br/1Ba units and (2) units that include 1Br/1Ba with a den. Each unit has been updated and includes upscale finishes since the property’s 2022 acquisition. These large units are rare for the neighborhood which has led to extremely low vacancy rates. The owners have spent a significant amount of capital on updating the units along with newer systems including a new boiler, newer electrical system, and newer 120-gallon water heater. The owners refreshed the private courtyard that tenants share in the back of the property and installed a new fire pit. Residents also enjoy onsite washer/dryer facilities.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$307 USD /SF

# OF UNITS

6

PRICE/UNIT

$225,000

CAP RATE

6.04%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,460 SF

ZONING

G-RH-3

APN/PARCEL ID

5023-12-014

ASK ABOUT THIS PROPERTY

Jim KnowltonPinnacle Real Estate AdvisorsMore Info
303-962-9543

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Jim KnowltonPinnacle Real Estate AdvisorsMore Info
303-962-9543

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