1355-1365 Vine St - Apartments FOR SALE


Denver, CO 80206- Cheesman Park
$1,275,000 USD
303-628-1700
1355-1365 Vine St, Denver, CO for Sale
$1,275,000 USD
Apartments - FOR SALE
1/51
null | 6.1% Cap Rate

1355-1365 Vine St
Denver, CO 80206
Cheesman Park


HIGHLIGHTS

  • (4) 1br/1ba Units & (2) 1br/1ba units with a den
  • Newer Roofs on Both the Apartments and Garages
  • Excellent Central Location in Cheesman Park Neighborhood; Access to Significant Employment in Downtown Denver
  • Four Garages and One Storage Unit with the Ability to Add Additional Other Income
  • Four out of Six Units have a Private, Enclosed Patio/Balcony with Additional Storage INVESTMENT HIGHLIGHTS P R O P E RT Y O V E RVIEW CONSTRUCTION DET
  • One Newer Water Heater Owner-Owned Washer & Dryer Four

OVERVIEW

The six-unit apartment building at 1355-1365 Vine Street is located in Denver’s highly desirable Cheesman Park neighborhood. The property features a mix of four 1br/1ba units and two 1br/1ba units with a den. Owned and self-managed since 2003, the current owner has meticulously maintained the property for over two decades. Recent upgrades include newer roofs on both the apartments and the four garages, a new water heater, and owner-owned washer and dryer. This well-kept property presents a prime investment opportunity with significant upside potential.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$294 USD /SF

# OF UNITS

6

PRICE/UNIT

$212,500

CAP RATE

6.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1901

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,251 SF

ZONING

R3, Denver

APN/PARCEL ID

5021-14-018

ASK ABOUT THIS PROPERTY

Jessica GrahamPinnacle Real Estate AdvisorsMore Info
303-628-1700

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Jessica GrahamPinnacle Real Estate AdvisorsMore Info
303-628-1700

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