For Sale
$6,050,000

1601 Park AveDenver, CO 80218

10,863 sqft, 14 Units Available

Overview

Added:
Feb 3
Days on market:
63
This exceptional investment opportunity presents 14 unsold units within the prestigious Arbory City Park West development, completed in 2023. The property comprises two distinct packages: a four-unit condo package and a six-unit townhome package. The condo package, priced at $2,000,000, includes three one-bedroom, one-bathroom units with dens, and one two-bedroom, one-bathroom unit (units 110, 112, 114, and 401). Each condo features energy-efficient mini-split heat pump systems and individual Xcel electric meters, with tenants responsible for their utility costs. The six townhomes, offered as a separate package for $4,050,000, are all two-bedroom, two-and-a-half-bathroom units (units 212-217), situated adjacently on the top floor above the parking structure. Located in Denver's highly sought-after City Park West neighborhood, this property offers unparalleled convenience, with proximity to top-rated schools, the University of Denver, and a vibrant array of amenities. Residents enjoy stunning Rocky Mountain views and easy access to a wide range of recreational activities. This is a rare chance to acquire a significant portion of a thriving, recently completed multi-family development in a prime Denver location. The total square footage is 10,863. The property is being offered in two packages for a combined asking price of $6,050,000.

Property Details for 1601 Park Ave

Property type
Multifamily properties
Square Feet
10,863 SF
Year Built
2023

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.74193
Longitude
-104.9705
1601 Park Ave, Denver, Colorado

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1601 Park Ave
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