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$1,825,000 18 UNIT DENVER MULTIFAMILY OVER 8% CAP RATE! VALUE ADD
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Denver, CO
Strong East Denver value-add multifamily opportunity near Lowry, Fitzsimons Medical Campus, Rose Medical, and major employment corridors.
💰 Asking: $1,825,000
📈 ~8.36% Current Cap Rate
🔥 ~10.14% Pro Forma Cap Rate
🏢 18 Units
💵 ~$101K Per Door
PROPERTY HIGHLIGHTS:
✔️ 16 One-Bedroom Units
✔️ 2 Studio Units
✔️ Updated interiors + LVP flooring
✔️ Gated courtyard entry
✔️ Off-street parking
✔️ On-site laundry
✔️ RUBS already implemented
✔️ Tenants pay electric
✔️ Tenants pay internet
Strong operational upside remaining through:
• Lease-up stabilization
• Rent optimization
• Expense normalization
• Continued RUBS optimization
This is NOT a heavy repositioning deal — ownership has already completed substantial improvements.
Excellent basis for Denver multifamily with strong in-place cash flow and upside still remaining.
Serious buyers only.
Message for:
📄 OM
📊 T12
📋 Rent Roll
📈 Underwriting Packet
📸 Additional Photos
Call Allie for more info