1877 S Federal Boulevard

    Denver, CO 80219
    • $3,250,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 9721042
    UPDATED: 198 min ago
    $3,250,000
    • 1
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,944
      SQFT
    • $192
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Pinnacle Real Estate Advisors.

    Description

    Excellent investment opportunity located just five blocks south of the new $37MM Denver Health Clinic. 100% leased & cash flowing 24-unit apartment building comprised of 1BD/1BA units that have all been renovated within the last three years. Building set to gross roughly $260k this year in one of the Denver area's best locations for rent growth. Opportunity for loan assumption at 3.99%. Ask listing agent for details.Link to full OM: http://hornsteinfetter.listinglab.com/TangiersApartments2019

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    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than 8z Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    frontrange.8z.com/homes/99412804

    1877 S Federal Boulevard Denver, CO 80219

    • Price: $3,250,000
    • Status: Active
    • Updated: 198 min ago
    • MLS #: 9721042
    1
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    16,944
    SQFT
    $192
    $/SQFT
    1962
    Built
    Neighborhood:
    Jefferson Park
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Johnson
    Middle School:
    Kepner
    High School:
    Abraham Lincoln
    School District:
    Denver 1
    Property Description
    Excellent investment opportunity located just five blocks south of the new $37MM Denver Health Clinic. 100% leased & cash flowing 24-unit apartment building comprised of 1BD/1BA units that have all been renovated within the last three years. Building set to gross roughly $260k this year in one of the Denver area's best locations for rent growth. Opportunity for loan assumption at 3.99%. Ask listing agent for details.Link to full OM: http://hornsteinfetter.listinglab.com/TangiersApartments2019
    Exterior Features

    Construction Materials Brick Construction Methods Brick Parking Off-Street (24 Spaces) Parking Total Searchable 24 Road Surface Paved Road Roof Membrane

    Interior Features

    Basement Size None Cooling None Heating Baseboard Heating Fuel ElectricGas Laundry Availability Coin-OperatedShared Laundry in Building Sq Ft Above 16944 Sq Ft Finished 16944

    Property Features

    Annual Expense Actual 69081 Annual Expense Proj 69841 Annual Income Actual 264106 Annual Income Proj 276770 Annual Net Income Actual 195025 Annual Net Income Proj 206929 Building Type Low Rise (All Units) Capitalization Rate 6.37 Capitalization Rate Calculation $206929/$3250000=6.37% Has Hoa YN No Listing Financing CashConventionalExchangeOther Number Of Units Furnished 0 Potential Rental Income Annual 273600 Real Estate Taxes 9066 Seller Type Individual Status Conditions None Known Tax Amount 9066.00 Tax Year 2018 Transaction Type For Sale Unit Count 1 Water Annual Expense 8942 Zoning S-Mx-3

    Listing courtesy of Pinnacle Real Estate Advisors: MLS #9721042


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than 8z Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    8z Real Estate
    4041 Hanover, Suite 200
    Boulder CO, 80305
    Offered by Pinnacle Real Estate Advisors.