$1,660,000
$1,550,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/20/2022
Key Details
Sold Price $1,660,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 9058462
Sold Date 04/20/22
HOA Y/N No
Originating Board recolorado
Year Built 1957
Annual Tax Amount $6,371
Tax Year 2020
Acres 0.16
Property Sub-Type Multi-Family
Property Description
9-unit building just moments away from Denver University. Campus Apartments consists of nine 400 sq ft studio units most of which have been recently updated. This property is currently running at a 4.36% cap rate with the ability to reach a 5.2% return. The building is conveniently located a block away from the DU Campus and is a great option for students or young professionals looking to live without roommates. Easy access from the property to great shops and restaurants as well as the University Light Rail Station and I-25.
Location
State CO
County Denver
Zoning G-MU-5
Interior
Fireplace N
Exterior
Parking Features Asphalt
Roof Type Membrane
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick, Concrete
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Altos Realty Advisors, Inc.
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Realtor | Lic# FA100031820