875 N Marion St - Multi-Family FOR SALE


Denver, CO 80218- Cheesman Park
$1,700,000 USD
317-523-2397
875 N Marion St, Denver, CO for Sale
$1,700,000 USD
Multi-Family - FOR SALE
1/9
null | 6.31% Cap Rate

875 N Marion St
Denver, CO 80218
Cheesman Park


HIGHLIGHTS

  • High demand downtown location
  • Walkable to grocery stores, parks, restaurants, and entertainment
  • Private entrances on garden and main floors
  • Onsite laundry

OVERVIEW

Located in one of Denver's most desirable downtown neighborhoods, 875 N Marion St presents a lucrative opportunity for investors. Revenue upside easily attainable without significant expense by increasing rents, implementing RUBS, and adding tenant storage. Tenants will enjoy the incredible walkability, with a King Soopers only a block away, and the neighborhood attractions like Cheesman Park and the Denver Botanic Gardens.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$416 USD /SF

# OF UNITS

8

PRICE/UNIT

$212,500

CAP RATE

6.31%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marion House

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

G-MU-3

APN/PARCEL ID

5023-15-022

ASK ABOUT THIS PROPERTY

Calvin GravesBellStreetMore Info
317-523-2397

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Calvin GravesBellStreetMore Info
317-523-2397

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