980 S Dexter St - Apartments FOR SALE


Denver, CO 80246- Virginia Village
$5,100,000 USD
303-952-5603
980 S Dexter St, Denver, CO for Sale
$5,100,000 USD
Apartments - FOR SALE
1/69
null | Request Cap Rate

980 S Dexter St
Denver, CO 80246
Virginia Village


OVERVIEW

Apex 980 is a 30-unit walk-up apartment building ideally located on quiet, tree-lined Dahlia Street in Denver’s Virginia Village neighborhood, just blocks from the bustling Colorado Boulevard retail corridor. The property features a desirable mix of 14 studio and 16 one-bedroom units, all of which underwent substantial interior renovations in 2019, including updated kitchens, bathrooms, flooring, and fixtures. Ownership has also recently upgraded the boiler and hot water systems and added an attractive pergola and grill area, enhancing the resident experience and supporting long-term retention. This asset represents a compelling opportunity to acquire a stabilized, turn-key investment with additional upside through operational efficiencies or minor cosmetic upgrades. The property sits minutes from Cherry Creek, downtown Denver, and the Denver Tech Center, offering excellent access to employment hubs, major highways, and premier retail and dining. Offered at approximately $170,000 per unit and $337/SF, Apex 980 provides investors with a quality multifamily asset at a competitive basis in one of Denver’s strongest infill locations.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$337 USD /SF

# OF UNITS

30

PRICE/UNIT

$170,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Apex 980

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,809 SF

ZONING

S-MX-8

APN/PARCEL ID

6183-03-015

ASK ABOUT THIS PROPERTY

John BlackshireTranswestern Real Estate ServicesMore Info
303-952-5603

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John BlackshireTranswestern Real Estate ServicesMore Info
303-952-5603

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