2455 Gaylord St Denver, CO 80210

This exceptional 10-unit apartment building, located at 2455 S Gaylord St in Denver, Colorado, presents a compelling investment opportunity. Built in 1968, this three-story, garden-style brick building sits on a 0.29-acre lot and offers 8,639 square feet of living space. The property boasts a strong NOI of $200,347, translating to a 4.89% cap rate and an asking price of $4,100,000 ($410,000 per unit). The units are a mix of spacious two-, three-, and four-bedroom apartments, many recently renovated with modern amenities including stainless-steel appliances, ceiling fans, and high-speed internet access. Residents enjoy on-site laundry facilities and six off-street parking spaces. Recent capital improvements include new flooring, cabinets, countertops, bathrooms, and hardware. The professionally landscaped grounds feature a blend of open green spaces and mature shade trees. Its convenient location within walking distance of the University of Denver makes it an ideal student housing community. This property offers a blend of strong financial performance and attractive physical characteristics, making it a desirable addition to any investment portfolio. The property is zoned for multifamily use and is located in the 80210 zip code of Denver County.