661 Pearl St - Apartments FOR SALE


Denver, CO 80203- Alamo Placita
$3,180,000 USD
303-594-3252
661 Pearl St, Denver, CO for Sale
$3,180,000 USD
Apartments - FOR SALE
1/10
null | 5.09% Cap Rate

661 Pearl St
Denver, CO 80203
Alamo Placita


HIGHLIGHTS

  • Strategic Location in Governors Park Neighborhood
  • Strong Surrounding Demographics
  • Recent Renovations
  • Attractive Amenities
  • Offered Free and Clear of Existing Debt

OVERVIEW

MMG is pleased to offer The Ernest, a turnkey, 11-unit multifamily asset in one of Denver’s most sought-after neighborhoods. With recently renovated units, a prime location, and high demand for rental properties in Governors Park, the property is poised to deliver consistent, reliable income for its next owner. This is a rare opportunity to acquire a high-quality asset in a location that offers both stability and long-term growth potential.

FOR SALE DETAILS

PRICE

$3,180,000 USD

PRICE/SF

$545 USD /SF

# OF UNITS

11

PRICE/UNIT

$289,091

CAP RATE

5.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Ernest

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,319 SF

ZONING

R-3

APN/PARCEL ID

5039-11-016

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.