1256-1258 Newton St - Apartments FOR SALE


Denver, CO 80204
$2,650,000 USD
303-328-5208
1256-1258 Newton St, Denver, CO for Sale
$2,650,000 USD
Apartments - FOR SALE
1/17
null | 5.33% Cap Rate

1256-1258 Newton St
Denver, CO 80204


HIGHLIGHTS

  • This property boasts large 4 bed/3.5 bath townhome style units
  • Rare 3-story half duplexes with a private yard
  • Brand new construction located near the heart of Sloan's Lake
  • This property highlights high-end interior and exterior furnishes throughout
  • Well maintained asset by current ownership

OVERVIEW

MMG is pleased to present 1256-1258 Newton St: a triplex in Denver's flourishing Sloan's Lake neighborhood. This updated property was built in 2021 and provides a unique opportunity to investors for a newer build with strong in-place cash flow. The property's larger unit sizes complement the high-end, interior and exterior furnishings throughout. The Sloan's Lake neighborhood has also emerged as a choice location for tenants with exceptional proximity to downtown Denver, Edgewater market-place, and HWY 6- a direct route to the mountains.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$395 USD /SF

# OF UNITS

3

PRICE/UNIT

$883,333

CAP RATE

5.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

G-MU

APN/PARCEL ID

5061-18-050

ASK ABOUT THIS PROPERTY

303-328-5208

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

303-328-5208

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