2925 37Th Ave Denver, CO 80211
High-Yield Multifamily Investment Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- $1,575,000 asking price for an 8-unit apartment building in Denver, CO.
- 4,313 square feet on a 0.25-acre lot.
- $365.18 price per square foot, with a 5.48% current cap rate and a pro-forma cap rate of 6.55%.
- Currently 75% occupied, generating $86,336 NOI and a pro-forma NOI of $103,111.
- Built in 1948, renovated in 2024, featuring two one-story buildings.
- $196,875 per unit.
Property Details for 2925 37Th Ave
- Property type
- Apartment buildings
- Square Feet
- 4,313 SF
- Year Built/Renovated
- 1948/2024
- Buildings
- 2
- Stories
- 1
- Lot Size (sq. ft)
- 10,890 SF
- Units
- 8
Location Insight
- City
- Denver
- County
- Denver
- State
- Colorado
- Latitude
- 39.7682016
- Longitude
- -105.0242956
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - High-Yield Multifamily Investment Opportunity
- Where is the apartment building located?
- The property is located at 2925 37Th Ave Denver, CO.
- What is the asking price?
- The asking price for this property is $1,575,000.
- What are key features of this property?
- This property features: $1,575,000 asking price for an 8-unit apartment building in Denver, CO.; 4,313 square feet on a 0.25-acre lot.; $365.18 price per square foot, with a 5.48% current cap rate and a pro-forma cap rate of 6.55%.
- How can I contact the broker?
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