1272 Pearl St - Apartments FOR SALE


Denver, CO 80203- Capitol Hill
$3,350,000 USD
303-358-4250
1272 Pearl St, Denver, CO for Sale
$3,350,000 USD
Apartments - FOR SALE
1/45
null | 4.5% Cap Rate

1272 Pearl St
Denver, CO 80203
Capitol Hill


HIGHLIGHTS

  • Value-add multi-family investment opportunity- below market rents
  • Light and bright studio and one-bedroom floor plans
  • Reserved off-street parking for tenants 
  • Legacy asset owned by same family for 32 years

OVERVIEW

The Julie at Pearl offers a rare and exceptional multifamily investment opportunity in the heart of Denver’s sought-after Capitol Hill neighborhood. This historic three-story building exudes character and charm, boasting a beautiful brick façade that complements its timeless aesthetic. Inside, the property features 18 uniquely designed studio and one-bedroom apartment units. Each unit is thoughtfully configured to maximize space and natural light. The apartments are enriched by original woodwork and large windows, providing a warm and inviting living experience for tenants. Adding to its appeal, The Julie offers five off-street parking spaces, a coveted amenity in this bustling urban area. The property delivers a peaceful and convenient atmosphere, positioned in a vibrant neighborhood teeming with popular restaurants, trendy coffee shops, boutique stores, local markets, and essential services - many within walking distance. Capitol Hill is known for its dynamic energy, historic charm, and central location, making it a magnet for professionals, creatives, and urban dwellers. For investors, this is a prime opportunity to secure reliable rental income and long-term appreciation in a market that continues to thrive.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$391 USD /SF

# OF UNITS

18

PRICE/UNIT

$186,111

CAP RATE

4.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

G-MU-5

APN/PARCEL ID

5031-12-075

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.