This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

The Julie at Pearl 1272 Pearl St

18 Unit Apartment Building $5,197,316 CAD ($288,740 CAD/Unit) 4.28% Cap Rate Denver, CO 80203

Investment Highlights

  • Favorable Seller Carry terms below market rate
  • Appealing mix of studio and one-bedroom apartment units with immediate upside in rents
  • Perfect for value-add buyer seeking well-located, one-of-a-kind apartment building
  • Secured interior hallway building with vintage charm
  • 5 dedicated parking spaces
  • Highly desirable Capitol Hill location

Executive Summary

County: Denver
Year Built: 1927
# Buildings: 1
# Stories: 3
Construction: Brick
Roof Type: Flat
GBA: 11,700 SF
Lot Size: 5,601 SF
Parking: Open | 5 Spaces
Heating: Boiler
A/C: Swamp Cooler
Water/Sewer: Master
Gas/Electric: Master
Zoning: G-MU-5

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $5,197,316 CAD
Price Per Unit $288,740 CAD
Sale Type Investment
Cap Rate 4.28%
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.13 AC
Building Size 11,700 SF
No. Stories 3
Year Built/Renovated 1927/2000
Parking Ratio 0.43/1,000 SF
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5031-12-075
Land Assessment
$33,416 CAD
Improvements Assessment
$318,929 CAD
Total Assessment
$352,345 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023

zoning

Zoning Code B2
B2
  • Listing ID: 32000391

  • Date on Market: 2024-06-03

  • Last Updated:

  • Address: 1272 Pearl St, Denver, CO 80203

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}