901 Jasmine St - Apartments FOR SALE


Denver, CO 80220- Montclair
$2,200,000 USD
303-773-3399
901 Jasmine St, Denver, CO for Sale
$2,200,000 USD
Apartments - FOR SALE
1/37
null | 5.99% Cap Rate

901 Jasmine St
Denver, CO 80220
Montclair


HIGHLIGHTS

  • All studios are micro-units with efficient, well-designed layouts
  • Profit Center for Seller! Units are individually-metered with utilities billed directly to tenants
  • In-unit kitchenettes featuring beer refrigerator, stove/oven, sink, and cabinet storage
  • Hardwood flooring and light and bright interiors
  • Individual electrical HVAC systems for tenant comfort and control
  • Located on a over-sized corner lot - Adjacent to the Jersey Shoppette: A neighborhood retail center with dining, retail & services

OVERVIEW

Located in the highly desirable Montclair neighborhood of Denver, Colorado, this 16-unit multifamily property presents a compelling investment opportunity in a strong, infill submarket. The building is comprised entirely of studio units, each thoughtfully designed with efficient kitchenettes featuring a half refrigerator, stove/oven, sink, and cabinet storage. Units also include ¾ bathrooms, hardwood flooring, individual HVAC systems, and dedicated closets for storage, creating a light, bright, and functional living environment that appeals to today’s renters. Each unit offers individual exterior access, providing added privacy and convenience for residents. The property showcases an attractive brick exterior complemented by mature trees, enhancing curb appeal and long-term durability. Ideally situated adjacent to nearby retail and restaurant amenities and just minutes from the vibrant 9+CO development, the location offers residents walkable conveniences and easy access to some of Denver’s most active dining, shopping, and lifestyle destinations. With its desirable unit mix, strong neighborhood fundamentals, and proximity to major redevelopment activity, this Montclair multifamily asset represents a solid opportunity for investors seeking stable income and long-term upside in one of Denver’s most established neighborhoods.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$514 USD /SF

# OF UNITS

16

PRICE/UNIT

$137,500

CAP RATE

5.99%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Montclair Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,782 SF

ZONING

B2

APN/PARCEL ID

6053-13-004

ASK ABOUT THIS PROPERTY

Kyle MalnatiKentwood CommercialMore Info
303-773-3399

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Kyle MalnatiKentwood CommercialMore Info
303-773-3399

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