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1775 S Pearl Street
Denver, 80210
FOR
SALE
$12,000,000
For Sale
17
Garage24,905
Sq.Ft.0.29
AcresMLS# 7457167
Listed on site 189 days since March 27th, 2023
Property Details
1775 S Pearl St. is a 27-unit apartment building which finished construction in late 2022. The building features a unit mix that includes two studios, twenty one 1-bedrooms, and four 2-bedroom units. The building also includes an underground parking garage that includes 17 secure parking spaces for residents + one additional off-street space off the alley behind the building.The apartment complex is in the heart of the Platt Park neighborhood and is within walking distance of several retail locations and some of the best restaurants in Denver including Sushi Den, Kaos Pizzeria, Park Burger, and Sweet Cow. The property is across the street from Steam Coffee. This property truly offers investors an opportunity to acquire an irreplaceable trophy asset in the heart of one of Denvers most sought after neighborhoods and there is a very limited supply of comparable rental units available in the neighborhood.
Property Highlights
Price
$12,000,000
Property Type
Commercial Sale
Property Sub Type
Multi-Family
Year Built
2022
Acres
0.29
Location
County
Denver
Property Details
Price
$12,000,000
Property Sub Type
Multi-Family
Property Type
Commercial Sale
Building
Total Area
24,905
Interior Features
Area and Spaces
Number of Units
27
Building Details
Construction
Year Built
2022
Terms
Commercial
Cap Rate
4.09
Terms
Special Terms
Cash, Conventional
Taxes
Tax
Tax (Annual)
$28,887
Heating, Cooling & Utilities
Utilities
Sewer
Public Sewer
Lot
Acres
0.29
Lot Size
12,500
Lot Size Area Sq Ft
12,500
Parking
Garage Capacity
17
Total Parking Spaces
18
Listed by Northpeak Commercial Advisors, LLC, [email protected], 720-939-2943.
Listing Data last updated 1st October, 2023 21:00 MST
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Property History
189 days ago
Property Listed
19 days ago
Property info last updated
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Listing Data last updated: 1st October, 2023 21:00 MST
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Listed by Northpeak Commercial Advisors, LLC
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