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Deville & Washington Plaza Apartments

2 Multifamily Properties Offered at $12,376,320 CAD in Denver, CO

Investment Highlights

  • Prime Location Between Downtown Denver & Cherry Creek
  • Amenity Rich Location
  • Affluent Demographics
  • Direct Access to Ample Employment
  • Strategic Value Add Opportunity at Middle Income Rents
  • High-Performing Capitol Hill & Alamo Placita Submarkets

Executive Summary

Deville is a 38-unit multifamily asset situated on .29 acres, consisting of 38 studio/one-bathroom units located in the Capitol Hill neighborhood of Denver. Community amenities include 22 parking spaces, an elevator, and laundry facilities. Unit amenities include walk-in closets and window air conditioning units.
Washington Plaza Apartments is a 17-unit multifamily asset consisting of 17 one-bedroom/one-bathroom apartments situated on .23 acres of land. Each unit comes with a full kitchen with oven and electric stovetop as well as laminate floors. Community amenities include laundry facilities, off street parking, and a courtyard.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

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

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

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

Property Facts

Price $12,376,320 CAD
Price / SF $354.41 CAD / SF
Cap Rate 4.54%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 34,921 SF
Total Land Area 0.52 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Deville Apartments
1020 Logan St, Denver, CO 80203
Multifamily 25,432 SF 1957 -
Washington Plaza Apartments
534 Washington St, Denver, CO 80203
Multifamily 9,489 SF 1969 -
Show More > < Show Less
  • Listing ID: 32122497

  • Date on Market: 2024-06-13

  • Last Updated:

  • Address: Deville & Washington Plaza Apartments, Denver, CO

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