844 Ogden St - Apartments FOR SALE


Denver, CO 80218- Capitol Hill
$5,150,000 USD
720-318-9454
844 Ogden St, Denver, CO for Sale
$5,150,000 USD
Apartments - FOR SALE
1/12
null | 4.28% Cap Rate

844 Ogden St
Denver, CO 80218
Capitol Hill


HIGHLIGHTS

  • Stable Investment but with below Market Rents
  • Roof and Boiler in very good condition
  • Well maintained and close to Cheeseman Park

OVERVIEW

844 N Ogden St, a prime investment opportunity in the heart of Denver. With an upside in rents and potential owner-carry, this charming 21-unit + building, constructed in 1931, offers impeccable historic appeal and is zoned G-RH-3. With 100% occupancy, this property presents a strong and stable income stream, although rents may be as much as 30% below market.. One of the few (if any) multi-family properties with UPSIDE!! Its desirable location in the Denver area blocks from Cheeseman Park ensures a strong rental market. Don't miss the chance to acquire this well-maintained, income-generating asset with excellent potential for continued growth and success in the multifamily/low-rise/garden sector.

FOR SALE DETAILS

PRICE

$5,150,000 USD

PRICE/SF

$343 USD /SF

# OF UNITS

22

PRICE/UNIT

$234,091

CAP RATE

4.28%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Britt

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

G-RH-3

APN/PARCEL ID

5023-13-019

ASK ABOUT THIS PROPERTY

Mark PymsPanorama Commercial GroupMore Info
720-318-9454

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Mark PymsPanorama Commercial GroupMore Info
720-318-9454

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