Apartment Buildings /CO /Denver County /Denver /1380 W Mississippi Ave
Apartment Buildings /CO /Denver County /Denver /1380 W Mississippi Ave

1380 W Mississippi Ave - Apartments FOR SALE


Denver, CO 80223- Ruby Hill | 
$3,900,000 USD
303-962-9555
1380 W Mississippi Ave, Denver, CO for Sale
$3,900,000 USD
Apartments - FOR SALE
1/17
null | 7.05% Cap Rate
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1380 W Mississippi Ave
Denver, CO 80223
Ruby Hill

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HIGHLIGHTS

  • 7.05% Current CAP Rate!
  • Rare Opportunity to Purchase 1980’s Construction in Denver
  • Newer Roof, Windows and Electric Panels
  • Just 3.37% Current Vacancy = Immediate Rental Upside
  • Proforma Rents Already Being Achieved

OVERVIEW

REDUCED AGAIN! 24-Unit in Denver; 1980’s Construction; 7.05% Actual CAP Rate!

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$288 USD /SF

# OF UNITS

24

PRICE/UNIT

$162,500

CAP RATE

7.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mississippi Plaza

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1982

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

R3, Denver

APN/PARCEL ID

5211-06-023

ASK ABOUT THIS PROPERTY

Josh NewellPinnacle Real Estate AdvisorsMore Info
303-962-9555

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Josh NewellPinnacle Real Estate AdvisorsMore Info
303-962-9555

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

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