3316 32Nd Ave, Denver, CO 80211
5 Unit Apartment Building | $2,200,000 ($440,000/Unit) | 5.04% Cap Rate | Denver, CO 80211
For Sale
Active
Asking Price $2,200,000
- Property Type
-
Multifamily
- Square Feet
- 4,320 SF
Listing Contacts
Benton Adams
Sam Bretz
Property Overview
Capstone Apartment Partners presents an exceptional opportunity to acquire a prime West Highlands multifamily property consisting of five individual condo units – the Creamery Lofts. Situated within walking distance of renowned dining establishments, breweries, and coffee shops, 3316 W 32nd Ave offers a coveted location in a vibrant community. Each unit offers high-end finishes, in-unit washer/dryers, central air conditioning, and private outdoor areas. With a mix of one-bedroom/one-bath and two-bedroom/two-bath units, the property caters to diverse tenant needs. Additionally, the existing condo structure allows for future individual unit sales, adding flexibility for investors seeking long-term value and a variety of future disposition strategies within this top-tier neighborhood.
Property Details
- Class
- C
- Year Built
- 1929
- Stories
- 2
- Lot Size (sq. ft)
- 6,098 SF
- Units
- 5
Highlights
- Located in a prime West Highlands location walking distance from great restaurants, breweries and coffee shops.
- All 5 units are already individual condos, providing flexibility to the next owner as there is a pathway to sell each individually.
- Large units with in-unit washer/dryers and central air conditioning.
- High-end finishes include modern kitchens with new dishwashers, updated bathrooms and private outdoor areas.
- Desirable, diverse unit mix one-bedroom/one-bath and two-bedroom/two bath units.
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