1515 Clermont St - Apartments FOR SALE


Denver, CO 80220- Park Hill
$9,650,000 USD
303-210-1623
1515 Clermont St, Denver, CO for Sale
$9,650,000 USD
Apartments - FOR SALE
1/13
null | 4.89% Cap Rate

1515 Clermont St
Denver, CO 80220
Park Hill


HIGHLIGHTS

  • Off Street Parking
  • Fully Renovated
  • Located 3 blocks from National Jewish Medical Campus

OVERVIEW

1515 Clermont is a fully renovated 39-unit apartment complex located in Denver, Colorado, it consists of 3 studios, 35 one-bedroom units, and 1 two bedroom unit. In addition, the offering includes 1531 Clermont (one parcel away) that is 15 off-street parking stalls. The property was fully renovated in 2023-2024. The renovation included kitchens, baths, flooring, fixtures, and common areas, including the shared laundry room. The property has easy access to transit and sits nicely in a neighborhood experiencing significant growth and development. Investors will have the opportunity to take advantage of strong future rent growth as the neighborhood continues to evolve.

FOR SALE DETAILS

PRICE

$9,650,000 USD

PRICE/SF

$434 USD /SF

# OF UNITS

39

PRICE/UNIT

$247,436

CAP RATE

4.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Clermont

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1955

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

U-SU-C

APN/PARCEL ID

1313-28-015,1313-28-017

ASK ABOUT THIS PROPERTY

Matthew LewallenNorthPeak Commercial AdvisorsMore Info
303-210-1623

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

Matthew LewallenNorthPeak Commercial AdvisorsMore Info
303-210-1623

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