440 E 13th Ave - Apartments FOR SALE


Denver, CO 80203- Capitol Hill
$6,550,000 USD
303-594-3252
440 E 13th Ave, Denver, CO for Sale
$6,550,000 USD
Apartments - FOR SALE
1/28
null | 4.35% Cap Rate

440 E 13th Ave
Denver, CO 80203
Capitol Hill


HIGHLIGHTS

  • PRIME CAPITOL HILL LOCATION
  • DESIRABLE UNIT MIX
  • AMPLE PARKING
  • TENANT COURTYARD
  • PROXIMITY TO RETAIL AND DINING

OVERVIEW

440 East 13th Avenue Residences is a fully-occupied 31-unit multifamily property in the heart of Denver's Capitol Hill neighborhood, offered at $6,550,000 by MMG. Built in 1923, this historic building features a desirable mix of studio, one-bedroom, and two-bedroom units, combining vintage character with modern upgrades like new vinyl flooring, a high-efficiency boiler, and updated electrical. With 15 off-street parking spaces, a spacious tenant courtyard, and close proximity to popular local dining, retail, and major employers, 440 East 13th Avenue Residences presents an opportunity for investors to acquire a stabilized asset in a central location with solid, ongoing rental demand.

FOR SALE DETAILS

PRICE

$6,550,000 USD

PRICE/SF

$343 USD /SF

# OF UNITS

31

PRICE/UNIT

$211,290

CAP RATE

4.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

440 East 13th Avenue Residences

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,486 SF

ZONING

R-3, Denver

APN/PARCEL ID

5031-14-050

ASK ABOUT THIS PROPERTY

Sam BretzMMGMore Info
303-594-3252

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Sam BretzMMGMore Info
303-594-3252

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