1201 Clarkson St - Apartments FOR SALE


Denver, CO 80218- Capitol Hill
$9,250,000 USD
303-358-4250
1201 Clarkson St, Denver, CO for Sale
$9,250,000 USD
Apartments - FOR SALE
1/69
null | 5.67% Cap Rate

1201 Clarkson St
Denver, CO 80218
Capitol Hill


HIGHLIGHTS

  • NEW ROOF
  • NEW SECURITY SYSTEM
  • COURTYARD & LANDSCAPING
  • UPDATED INTERIOR FINISHES
  • NEW INTERIOR/EXTERIOR ELECTRICAL
  • NEW DOORS

OVERVIEW

Introducing The Gaucho: A Premier Multifamily Investment Opportunity in the Heart of Denver - Discover The Gaucho, a rare and exceptional opportunity to own a meticulously maintained 39-unit multifamily investment property in the highly desirable Capitol Hill neighborhood of Denver, Colorado. Perfectly positioned on a prominent 0.29-acre corner lot, this well-appointed building offers a mix of studio, one-bedroom, and two-bedroom apartments, thoughtfully designed to meet the demands of modern urban living. Each residence is equipped with highly sought-after features, including full-sized appliances, wood-style flooring, air conditioning, and most with oversized private balconies—many of which showcase stunning city and mountain views, a true rarity in this vibrant district. Recent property enhancements further elevate The Gaucho’s appeal, that include a brand-new roof, fresh interior paint, upgraded light fixtures, and secured entry systems for enhanced safety and convenience. The courtyard and landscaping improvements create a welcoming outdoor retreat, adding to the property’s overall charm and desirability. Residents enjoy an array of on-site amenities, such as a community lounge and patio, convenient laundry facility with new Clear Token machines, and secured access, all while benefiting from an unmatched walkable lifestyle. Just steps away from some of Capitol Hill’s most iconic cultural and entertainment venues and renowned dining, nightlife, and local hotspots are all within easy reach. With its prime location, modern amenities, recent capital improvements, and strong investment potential, The Gaucho presents a unique opportunity to acquire a premier multifamily asset in one of Denver’s most popular rental markets.

FOR SALE DETAILS

PRICE

$9,250,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

39

PRICE/UNIT

$237,179

CAP RATE

5.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gaucho Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1966

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,502 SF

ZONING

G-MU-5

APN/PARCEL ID

5031-11-011

ASK ABOUT THIS PROPERTY

Kyle MalnatiKentwood CommercialMore Info
303-358-4250

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Kyle MalnatiKentwood CommercialMore Info
303-358-4250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.