1536 York St
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1536 York St
12 Unit Apartment Building $4,078,560 CAD ($339,880 CAD/Unit) 3.18% Cap Rate Denver, CO 80206
Executive Summary
1532-1536 York Street is a well-positioned twelve-unit multifamily property in the highly sought-after City Park neighborhood of Denver,
Colorado. The property consists of eight one-bedroom, one-bath units and four studio apartments. Its central location provides tenants
with easy access to some of Denver’s major attractions, including the Denver Botanic Gardens, the Denver Zoo, and City Park. This property offers considerable upside potential through strategic upgrades to each unit, allowing new ownership to capitalize on rising market rents. It presents a solid opportunity for investors seeking dependable tenants and long-term growth in one of Denver’s premier residential areas.
Colorado. The property consists of eight one-bedroom, one-bath units and four studio apartments. Its central location provides tenants
with easy access to some of Denver’s major attractions, including the Denver Botanic Gardens, the Denver Zoo, and City Park. This property offers considerable upside potential through strategic upgrades to each unit, allowing new ownership to capitalize on rising market rents. It presents a solid opportunity for investors seeking dependable tenants and long-term growth in one of Denver’s premier residential areas.
Property Facts
Price | $4,078,560 CAD | Apartment Style | Low Rise |
Price Per Unit | $339,880 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.13 AC |
Cap Rate | 3.18% | Building Size | 5,150 SF |
Gross Rent Multiplier | 19.11 | No. Stories | 3 |
No. Units | 12 | Year Built | 1909 |
Property Type | Multifamily | Parking Ratio | 1.36/1,000 SF |
Property Subtype | Apartment |
Price | $4,078,560 CAD |
Price Per Unit | $339,880 CAD |
Sale Type | Investment |
Cap Rate | 3.18% |
Gross Rent Multiplier | 19.11 |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.13 AC |
Building Size | 5,150 SF |
No. Stories | 3 |
Year Built | 1909 |
Parking Ratio | 1.36/1,000 SF |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 4 | - | 350 |
1+1 | 8 | - | 465 |
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Walk Score ®
Walker's Paradise (93)
Bike Score ®
Biker's Paradise (93)
PROPERTY TAXES
Parcel Number | 2363-09-015 | Improvements Assessment | $173,416 CAD |
Land Assessment | $40,889 CAD | Total Assessment | $214,305 CAD |
PROPERTY TAXES
Parcel Number
2363-09-015
Land Assessment
$40,889 CAD
Improvements Assessment
$173,416 CAD
Total Assessment
$214,305 CAD
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1536 York St
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