982 Sheridan Blvd, Denver, CO 80226
10 Unit Apartment Building | $1,985,000 ($198,500/Unit) | 6.74% Cap Rate | Denver, CO 80226
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,985,000
- Property Type
-
Multifamily
- Square Feet
- 7,500 SF
Listing Contacts
Benton Adams
Verified Profile
Sean Holamon
Verified Profile
- Property Info
Property Overview
Highlighted features of this property include a comprehensive renovation, ensuring a modern and attractive living experience for tenants. The upgrades encompass a new roof, furnaces, electrical panels, windows, unit interiors, appliances, and exterior paint, providing a turnkey solution that minimizes immediate capital expenditures for prospective investors.
Property Details
- Class
- B
- Year Built/Renovated
- 1956/2021
- Stories
- 2
- Lot Size (sq. ft)
- 27,443 SF
- Units
- 10
Highlights
- Spacious 2 bedroom / 1 bathroom units.
- Recent renovations including new roof, windows, unit interiors, appliances, and exterior paint.
- Located on a large 27,460 SF lot with approximately a 7,000 SF fenced off section located on the East Side.
- Property offers an abundance of tenant parking, a dedicated storage area, dog run, & on-site laundry facilities.
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