4510 W Saint Clair Pl - Apartments FOR SALE


Denver, CO 80212
$7,750,000 USD
303-962-9537
4510 W Saint Clair Pl, Denver, CO for Sale
$7,750,000 USD
Apartments - FOR SALE
1/35
null | 5.7% Cap Rate

4510 W Saint Clair Pl
Denver, CO 80212


HIGHLIGHTS

  • Profound value-add opportunity via modernizing and updating units for increased returns
  • Conveniently located eight blocks to Regis University, and close to some of the top neighborhoods, parks and lakes that Denver has to offer
  • Situated on a massive 2.66-acre lot with a large vacant portion on the west side of the parcel for potential future development
  • Low-maintenance exterior walk-up construction in great condition with ample parking
  • Affordable Denver city living tucked on a quiet cul-de-sac with a rural parklike setting

OVERVIEW

Saint Clair Place Apartments is a 42-unit apartment building built in 1973 conveniently located in Northwest Denver. The all-brick, exterior walk-up building features thirty-four one-bed/one-bath units, eight two-bed/one-bath units, and an impressive 60 parking spaces onsite. Only three units have been significantly updated; twenty units have stainless steel appliances, and the remaining units have been well maintained over the past few ownership groups. The property features oversized living and dining rooms, large bedrooms, two separate onsite laundry facilities, elevator access, as well as a beautiful central courtyard with picnic tables, grills, and bench seating. The property also includes a large open area on the west portion of the parcel that could be developed with additional units.

FOR SALE DETAILS

PRICE

$7,750,000 USD

PRICE/SF

$270 USD /SF

# OF UNITS

42

PRICE/UNIT

$184,524

CAP RATE

5.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Saint Clair Place Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1973

PARKING SPACES

60

LAND DETAILS

LAND ACRES

3.87 AC

LAND SF

168,577 SF

ZONING

R3

APN/PARCEL ID

1825-18-2-01-006

ASK ABOUT THIS PROPERTY

Robert LawsonPinnacle Real Estate AdvisorsMore Info
303-962-9537

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Robert LawsonPinnacle Real Estate AdvisorsMore Info
303-962-9537

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