180 S 20th Ave - Apartments FOR SALE


Brighton, CO 80601
$1,980,000 USD
303-990-4361
180 S 20th Ave, Brighton, CO for Sale
$1,980,000 USD
Apartments - FOR SALE
1/40
null | 7.64% Cap Rate

180 S 20th Ave
Brighton, CO 80601


HIGHLIGHTS

  • Situated in a quiet, family-friendly community with nearby amenities including parks, schools, and shopping, and just a short drive to Downtown Denver
  • All units feature updated interiors with modern finishes, offering a high-quality living experience for residents.
  • The property boasts a desirable unit mix, consisting of 8 two-bedroom units and 2 one-bedroom units
  • The property’s systems are in excellent condition
  • Ideal for investors seeking a stable, performing asset, offering immediate cash flow, and future appreciation opportunities in a growing market.

OVERVIEW

MMG is pleased to present 180 S. 20th Ave, an exterior walkup apartment building located in the rapidly growing City of Brighton, Colorado. Set in a peaceful residential neighborhood, this property offers residents the charm of a small town with the added benefit of walking and biking paths, and the convenience of being close to both Denver and Boulder. The property features a strong unit mix of 8 two-bedroom, one-bathroom units and 2 one-bedroom, one-bathroom units, all of which have been updated with modern finishes and are in excellent condition. Each unit is equipped with its own individual furnace and in-unit laundry, providing comfort and convenience for residents. 180 S. 20th Ave presents a prime investment opportunity with significant potential for future growth in this expanding market.

FOR SALE DETAILS

PRICE

$1,980,000 USD

PRICE/SF

$211 USD /SF

# OF UNITS

10

PRICE/UNIT

$198,000

CAP RATE

7.64%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brighton Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

17,191 SF

ZONING

-

APN/PARCEL ID

1569-08-1-00-006

ASK ABOUT THIS PROPERTY

303-990-4361

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303-990-4361

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